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Pa.’s Impact Tax an Effective, Winning Policy

The following is a post from the Marcellus Shale Coalition published on July 21, 2017. - - - - - - Summertime – it’s the season for baseball, cookouts, and, unfortunately, for some lawmakers to renew tired calls for a massive, job-crushing energy tax increase. Despite the clear fact that Pennsylvania’s impact fee – our tax on natural gas, which has generated $1.2 billion in new revenue – is working, some in Harrisburg continue to be preoccupied over the false promise of energy…

Paying our “fair share”

It’s budget season in Pennsylvania which inevitably means two things will happen: There will be some sort of budget shortfall our elected officials need to work through – right now estimated to be around $3 billion Newspapers will suddenly be filled with letters to the editor and columns and op-eds proclaiming “the natural gas industry doesn’t pay their fair share” which tends to be followed by “Pennsylvania is the only state without a severance tax” I’m already seeing some Groundhog…

A decade in the Marcellus

Earlier this month we announced something pretty incredible: since beginning operations in Susquehanna County, Cabot has paid its landowners more than $1 billion in royalties. And that figure doesn't even include the nearly $500 million paid out in signing bonuses for their leases. For our latest WNEP Power to Save segment, we took a deeper look at what has been accomplished in ten years and to celebrate these milestones with the community. Donna Williams, a farmer and Cabot landowner, shares…

U.S. Energy Consumption Projections Through 2040

U.S. energy consumption projections through 2040

Today we're taking a look at the U.S. Energy Information Administration’s 2017 Annual Energy Outlook. In addition to a look through the year 2040, we can also see trends from 1980 until present day. In the Energy Outlook, we get a glimpse of the history of our nation’s energy consumption as well as a prediction for upcoming decades all the way up to 2040. The United States energy consumption is expected to remain somewhat flat in terms of growth. According…

Cabot Announces $1 billion in Royalties

Pennsylvania Landowners Have Received More Than $1 Billion In Royalties, Nearly $500 Million In Bonuses From Cabot Cabot Officials Celebrate Milestone With Residents, Community Leaders MONTROSE, Pa. (June 6, 2017) – During an update to the community and elected officials, Cabot Oil & Gas Corporation announced several major milestones from its past decade of operations in the region. This ten-year look-back included the announcement that to date, more than $1 billion has been paid in royalties to landowners in Susquehanna…

Shale Summit 2017

The Keystone Energy Forum 2017 Shale Summit was held at Westmorland County Career and Technology Center this year on Thursday, March 30th. The panel discussed the impact Utica and Marcellus shale activity has on local businesses, communities and educational institutions. Westmorland County Commissioner Ted Kopas hit home with his opening statement, “We really can maximize this great opportunity. There are jobs galore out there and there are ways to do this responsibly, there are ways to do this right.” The…