Tuesday, January 29, 2013

Key Fact: Gas Royalty Checks Total $1.2 Billion In PA

Gas royalty checks in Pennsylvania added up to a cool $1.2 billion in 2012, according to the AP.

For some, the gas royalty check has been the difference between struggling to make it and stability or even the difference between losing the farm and keeping it.  At a minimum, it has been a huge shot in the arm for thousands of Pennsylvania landowners and the communities where gas drilling is concentrated.

While $1.2 billion in royalty checks is real money and a boost, the AP correctly notes that it is not enough to transform the Commonwealth's $500 billion annual economy.

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