If your question is about taxes, it’s important to note that natural gas production from the Marcellus Shale continues to generate enormous amounts of state, county and local tax revenues. In fact, the natural gas industry pays every single tax that any other business operating in Pennsylvania pays, in addition to a newly enacted impact fee that has already generated $206 million in revenue. Since 2006, natural gas companies have paid more than $1.6 billion in state taxes, with $420 million of that coming in 2011 which represented a 77 percent increase from the year before. Additionally, in 2011, the state collected more than $200 million in personal income taxes from landowners who leased their natural gas rights for Marcellus shale natural gas development. For additional information and data on the economic impact of Marcellus development, click HERE.
