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09/12/2012 11:21 AM

Pennsylvania earns millions from gas drilling fees

By: Web Staff

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PENNSYLVANIA -- Pennsylvania is distributing more than $200 million to multiple counties and towns who host gas wells. The Associated Press reports the money was raised from a fee the state posed on gas drillers back in February.

With the "impact fee," drillers are required to pay $50,000 for each horizontally drilled well and $10,000 for each vertical well drilled.

The AP says the state of Pennsylvania will take $25 million. The other 60 percent of the money made from the fees will be split between 37 counties and 1,500 municipalities who host wells.

They can use the money for things like repairing roads, bridges and other infrastructure, as well as other important expenses.