Marcellus Shale Impact Fee goes back into local communities

  Governor Tom Corbett announced today that the Commonwealth Financing Authority approved more than $16 million in funding to support 116 trails and recreation projects throughout Pennsylvania. These projects are located in Allegheny, Armstrong, Beaver, Berks, Bucks, Butler, Cambria, Carbon, Chester, Clarion, Columbia, Cumberland, Dauphin, Delaware, Elk, Erie, Fayette, Greene, Huntingdon, Indiana, Lackawanna,…

Creating an Energy Capitol

Current estimates put the Marcellus Shale on track to become the second largest natural gas field in the world. And a Penn State University study predicts that Marcellus natural gas production could practically double by 2020, helping to make Pennsylvania the energy capitol of America.Some stats about the natural gas industry activity and what it…

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Cabot: Helping to Revitalize the Community

You’ve heard it before: the natural gas industry is helping to boost the economy through creating jobs and providing a good living to people across Pennsylvania.And now with Act 13 in effect, the communities across the Commonwealth are about to see an even more direct impact. It was recently announced that…

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Act 13 – Breaking down the fund distribution

On Feb. 14, 2012, Act 13 was signed by Governor Tom Corbett which requires any companies operating unconventional gas wells in Pennsylvania to pay an impact fee for each well drilled. This act was designed to help better environmental safeguards. Act 13 brings consistent statewide policies that will continue to…