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StateImpact: U.S. EIA Reports PA Drilling Revenues Much Lower Than Other States

StateImpact reported Friday a U.S. Energy Information Agency study found Pennsylvania receives much less revenue than other states from oil and gas drilling operations; less than 1 percent of state revenues are from the Act 13 drilling impact fee.

The average revenue received by other states is two percent or less.  Other states are much more depended on oil and gas severance tax revenues, for example, Alaska receives 90 percent of its budget from oil and gas taxes, North Dakota about 14 percent, Wyoming nearly 40 percent and Texas about 11 percent.

A copy of study is available online.

NewsClips:

Feds Show PA Drilling Revenues Sharply Lower Than Other States

House GOP Plans Veto Override Votes On Parts Of Budget

House Republicans Look To Override Parts Of Wolf Budget

Wolf Not Fazed By GOP’s Take It Or Leave It Offer

Wolf Weighs $400M School Funding Offer From GOP

Republicans Offer Wolf Education, Pension Proposals

GOP Pension Deal Met With Chilly Reception By Some Dems

Corman Reports No Progress, Wolf: GOP Doesn’t Want Compromise

Video: Wolf Talks Pensions, Education, Latest Budget Meeting

Lawmakers See Own Funds Dwindle In Budget Fight

United Way Survey Shows Budget Stalemate Impact On Nonprofits

Wolf Wants Nonprofit Costs Covered


8/24/2015

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