Consol Blasts Proposed Pa. Fracking Permit Fee Change

Law360, Philadelphia (October 17, 2013, 6:03 PM EDT) -- Consol Energy Inc. on Tuesday slammed a proposal by Pennsylvania environmental regulators to restructure permitting fees for hydraulically fractured oil and gas wells, saying that increasing costs of doing business were driving producers out of the state and suppressing the number of new wells being drilled.

In comments submitted to the Independent Regulatory Review Commission, the energy producer said the proposal — which would replace the state Department of Environmental Protection’s current sliding fee scale with flat fees for certain types of wells — would harm...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.