Sat. Nov 23rd, 2024

Coudy News

Late Breaking News for Coudersport and Northcentral PA

Governor Unveils County Drilling Fee, Other Marcellus Shale Proposals

1 min read

Gov. Tom Corbett today said he agrees with 94 of the 94 recommendations made by his Marcellus Shale Advisory Commission and will be recommending legislation authorizing counties to adopt a drilling fee whose revenue would be split between the state (25 percent) and local governments (75 percent) to offset costs imposed by natural gas development.

The recommendations not adopted by the Governor include: forced pooling, re-writing the authority of local governments to regulate drilling linked to a drilling fee and adding natural gas to Tier II of the Alternative Energy Portfolio Standards.

Read entire article here.

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