• John Vogel

    Riding Two Unharnessed Horses Is Tough

    Nor' east Thinkin'

     by John Vogel
     on October 7, 2011

    I guess you have to give him credit for trying. Pennsylvania Governor Tom Corbett wants to keep the big political horses behind the Marcellus natural gas industry happy. So he opted to propose an impact fee, to be negotiated by individual counties – but with a low per-well cap. In a nutshell, it would allow a flat, negotiated fee per well – not based on gas volume where the real money is at. The fees would start at $40,000 per well in the first year, and gradually drop to phase out…

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