State Senate Passes Marcellus Shale Legislation from the Pittsburgh Post-Gazette
"The Republican-negotiated measure melds the fee amounts in previous bill into a tiered system pegged against the price of natural gas, which would raise between $190,000 and $355,000 per well over 15 years. That fee is projected to raise more than $190 million retroactively for 2011, rising to $333 million by 2015."
"The Republican-negotiated measure melds the fee amounts in previous bill into a tiered system pegged against the price of natural gas, which would raise between $190,000 and $355,000 per well over 15 years. That fee is projected to raise more than $190 million retroactively for 2011, rising to $333 million by 2015."
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