Nearly $109 Million in Natural Gas-Related Revenues Heading to Local Governments
Pittsburgh, Pa. – Marcellus Shale Coalition (MSC) president Kathryn Klaber issued this statement regarding today’s natural gas impact fee disbursement announcement made by Governor Tom Corbett and the Pennsylvania Public Utility Commission (PUC):
“The safe development of job-creating American natural gas continues to provide significant economic and environmental benefits across our region, and today’s announcement further underscores the fact that Marcellus Shale production is positively impacting every square inch of the Commonwealth. These critical resources will help ensure that local governments are equipped to make the most of this historic opportunity.
“The natural gas industry’s work across the Commonwealth is indeed a true partnership with county and local governments. Importantly, these revenues are being directed to each of Pennsylvania’s 67 counties regardless of where natural gas operations are taking place. In fact, the city of Philadelphia alone will receive nearly $1.3 million, in addition to the positive economic impacts southeastern Pennsylvania has seen – from lower consumer prices to the renewal of the region’s idled refineries.
“Our Guiding Principles define our commitment to being responsible neighbors as well as our collective efforts aimed at providing sustainable, broad-based economic and energy-security benefits for all. Without question, today’s announcement demonstrates that our industry is upholding this important promise.”
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NOTE: For more information about Pennsylvania’s natural gas impact fee, click here to view PUC’s disbursement overview.
