Tuesday, February 4, 2014

More State Forest Gas Leasing Proposed In Corbett's Budget

Gov. Corbett's proposed FY 2014-15 budget includes a proposal to lease additional natural gas rights in State Forests to generate $75 million more in revenue to DCNR’s Oil and Gas Lease Fund.  The Governor’s Budget Secretary Charles Zogby said additional leasing would be near existing drilling sites and gas companies would not be allowed to construct new well pads.
Secretary Zogby said Gov. Corbett would be issuing a new Executive Order to replace the Executive Order Gov. Rendell issued in 2010 a few days before the gubernatorial election imposing a moratorium on leasing State Forest land.  The Rendell Administration leased 137,000 acres of State Forest land for Marcellus Shale natural gas drilling.