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Monday, December 19, 2011

Small Natural Gas Drillers are Wary of Flat Levy Fee Plan from the Pittsburgh Tribune-Review 
"All the leading drilling tax proposals in Harrisburg call for flat fees — but that doesn't mean they'll have the same effect on every driller. Most deep-shale drillers are expected to pay a flat fee that will be equivalent to 1 percent to 3 percent of revenues to pay for the roads, housing and social services they impact. But because the fee is the same for every well and not tied to production, small drillers who don't produce as much gas say they would end up paying a higher percentage of their revenues. Their rate could be the equivalent of 9 percent."

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