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June 28, 2019

State’s natural gas tax produces record revenue

By Mon Valley Independent

By TAYLOR BROWN

tbrown@yourmvi.com

The Public Utility Commission announced Friday that Pennsylvania’s natural gas tax generated more than a quarter-billion dollars in revenue last year — the highest in state history. 

Of the $251,830,900 in disbursements this year, Washington County received the highest amount in the state, around $8.5 million, and has the state’s largest well count at 1,747.

Marcellus Shale Coalition president David Spigelmyer said the state’s natural gas impact tax is working as designed. 

“Revenues nearing $1.7 billion since 2012 have been generated from this single tax on our industry are boosting investments in local communities across all 67 counties,” Spigelmyer said. “With a record $251.8 million generated last year, the impact tax empowers and supports key local initiatives and community projects that benefit every Pennsylvanian.”

To read the rest of this story, please see a copy of Saturday’s Mon Valley Independent, call 724-314-0035 to subscribe or subscribe to our online edition at https://e.monvalleyindependent.com.

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