A Look at Other States Shows Marcellus Impact Fee Shortchanges Pennsylvanians

MIchael Wood |

Pennsylvania enacted an ‰”impact fee‰” on natural gas wells drilled into Pennsylvania‰’s Marcellus Shale that generates a relatively small amount of revenue from the expanding gas industry. Replacing Pennsylvania‰’s impact fee with a modest 4% severance tax could generate $1.2 billion annually by 2019-20, three times that of the current fee.