Senate Drilling Fee Bill More Than Industry Asked For

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The Pennsylvania Senate approved legislation tonight that would enact a Marcellus Shale impact fee. I issued the following media statement on the bill’s passage:

“We are disappointed by the Senate’s passage of an impact fee that gives drillers an even-better deal than they asked for and comes at the expense of our environment, communities, children and families.

“The Senate bill has a lower effective rate, at 2.2 percent over the life of a typical Marcellus Shale well, than an industry proposal last year from the Marcellus Shale Coalition, which had an effective rate of 2.5 percent. Drillers in Pennsylvania would also pay less under the Senate bill than they do in Arkansas, Texas, Wyoming and many other energy-rich states.”

The Pennsylvania Senate approved legislation tonight that would enact a Marcellus Shale impact fee. I issued the following media statement on the bill’s passage:

“We are disappointed by the Senate’s passage of an impact fee that gives drillers an even-better deal than they asked for and comes at the expense of our environment, communities, children and families.

“The Senate bill has a lower effective rate, at 2.2 percent over the life of a typical Marcellus Shale well, than an industry proposal last year from the Marcellus Shale Coalition, which had an effective rate of 2.5 percent. Drillers in Pennsylvania would also pay less under the Senate bill than they do in Arkansas, Texas, Wyoming and many other energy-rich states.”

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