Rents and royalties reported on Pennsylvania income tax returns from 2006 to 2010 have increased 61% statewide, and 119% in counties with Marcellus Shale activity, according to a report by the Allegheny Institute for Public Policy (AIPP). Rent and royalty income for landowners and mineral rights owners in the state rose 34% in counties with no Marcellus activity.
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Superstorm Sandy Slams Northeast’s Coastal LDCs
Natural gas distribution facilities sustained the heaviest damage when Hurricane Sandy slammed into the East Coast last week, while exploration and production (E&P) operations in the Marcellus Shale and pipeline systems in the region incurred either minimal or no disruptions. The severe weather for the region may not be over yet. The National Weather Service (NWS) is predicting that a nor’easter could hit the mid-Atlantic and New England by Tuesday, Election Day.
November 5, 2012
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