Drill in West Virginia?
The WSJ is reporting that West Virginia's Department of Environmental Protection (DEP) is asking for a more than 10-fold increase in its permitting fees for producers looking to drill horizontal wells in the Marcellus Shale: "DEP has proposed increasing the fee to $10,000, in legislation introduced Monday. Huffman said the resulting revenues would fund the additional inspectors needed, while also covering costs of other regulatory provisions in that bill."
That's up from $650. Ouch.
