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modrepub

(3,837 posts)
8. Don't Complain Too Much
Sun Mar 14, 2021, 07:23 AM
Mar 2021

None of those fees go to my county even though technically the natural gas in the Marcellus formation is a state asset. Maybe there's some other tax that goes into the general ledger but none that is retained for local uses other than property taxes.

I can't remember if the Marcellus or Utica shales are below the SE part of the state where I reside. No matter, they are too deep to be economical to develop at this point. Probably better, there's no guarantee the fracking fluids won't poison the local aquifers at some point in the future (and it will probably be impossible to assign blame for that to one company over another).

In the end, the natural gas "boom" is probably going to play out like the coal, iron and oil extraction industries in PA. Abandon structures leaching bad stuff into the environment for centuries. Some of us will be stuck with legacy environmental degradation for generations (and the rest of us will be stuck with the cleanup bill).

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