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Budget Proposes Additional $75M in State Forest Drilling Royalties

Posted on February 13, 2014 Leave a Comment

In his 2014-15 budget proposal, Governor Corbett budget proposes:

to allow limited drilling activity on commonwealth-owned lands in instances where the drilling can occur without the need for additional surface impacts. While this change will result in limited drilling activity, it is projected to generate $75 million of immediate revenue to the commonwealth and significant additional royalty revenue into the future. (2014-15  Governor’s Executive Budget)

Additional Resources

Governor Corbett discusses this proposal in an interview with NPR State Impact reporter Mary Wilson (2/17/2014).

Governor’s Proposed 2014-2015 Budget

 

Filed Under: Public Policy Tagged With: state budget, state forests

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