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2017 shale gas well impact fees top $219.4M in Pa.

Monday, February 12, 2018 by

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According to Pennsylvania’s Independent Fiscal Office, tax revenue from the state’s unconventional natural gas wells will produce $219.4 million in impact fees for 2017. The amount is $46.1 million higher than the amount collected the previous year, according to the Observer-Reporter.

The proceeds from the impact fees will be distributed to local governments and state agencies to fund infrastructure, emergency services, environmental initiatives and various other programs. They will be forwarded to the state Public Utility Commission for disbursement to municipalities in April.

Funds are distributed based on the number of wells located within the boundaries of individual local governments or their proximity to jurisdictions where natural gas extraction occurred.

Learn more: Observer-Reporter > IFO: Shale gas wells to produce $219.4M in impact fees for 2017

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Farm and Dairy, a weekly newspaper located in Salem, Ohio, has been reporting on topics that interest farmers and landowners since 1914.

Through the Shale Gas Reporter, we are dedicated to giving our readers unbiased and reliable information on shale gas development.