Impact Fee Provides Money For Ethane Cracker
During yesterday’s budget address, Governor Corbett said his administration is “hard at work to bring a major natural gas processing plant to southwestern Pennsylvania.”
The natural gas impact fee in front of the House would help Corbett woo Shell, which is deciding whether to build an ethane cracker in Pennsylvania, Ohio or West Virginia.
As the Beaver County Times reports, the legislation “would steer 5 percent of revenue from drilling fees to the state Department of Community and Economic Development for…infrastructure projects related to the natural gas industry, such as the establishment of a petrochemical plant.”
Pittsburgh’s KDKA aired a report on the hunt for the ethane cracker earlier this week. Watch it after the jump.