IFO: Annual Natural Gas Impact Fee Revenues to Hit Record High

Pennsylvania’s tax on natural gas – the impact fee – will likely generate a record $247 million in new revenue this year, according to a recent Independent Fiscal Office report. The nonpartisan agency’s estimate exceeds the 2017 total revenues by $37.4 million and puts the tax on track to generate nearly $1.7 billion since its […]

MSC President Lays out the Facts in Altoona Mirror

Several basic facts related to the revenue generated by responsible shale gas development were ignored in a recent Altoona Mirror editorial (“Shale tax needs to be implemented,” Jan. 4). Not only does your outlet fail to mention the $630 million generated through a natural gas impact fee tax or the $2.1 billion in tax revenue […]