Shale gas impact fee expected to tumble in Pennsylvania

Pennsylvania’s shale gas impact fee will likely bring in $38 million less this year than in 2015 because of low natural gas prices and fewer new wells to pay the fee, reports the Pittsburgh Post-Gazette. Citing projections from the state’s Independent Fiscal Office, the newspaper says that when the fees are due in April, shale gas operators are expected to pay $185.5 million for wells drilled through the end of 2015. The Post-Gazette says that total would be the lowest, by nearly $17 million, of any year since Pennsylvania began collecting the fees in 2012. For more, read the full story.