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.
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