Marcellus Minutes is a subscription-based newsletter sent to all subscribers registered through the Marcellus Minutes website that contains information on legislation including bill tracking, committee hearings and news from the Capitol in Harrisburg. Access to the website is free and provided to those directly involved and those with an interest in Pennsylvania’s oil and gas industry.

How much will the new DEP regulations cost the Marcellus Shale industry?

The Marcellus Shale Coalition combed through the pages of the state Department of Environmental Protection’s new regulations for the oil and gas industry, and ultimately determined it will cost drillers more money.

The new rules will cost the industry about $2 billion annually, the trade group said in a statement Wednesday afternoon.

The Corbett administration in 2013 estimated the cost of compliance to be $53,000 to $75,000 annually.

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