Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Where will the revenue go that is generated from the lease sale?

April 26, 2017lease revenue sale

0

10 Posted

Where will the revenue go that is generated from the lease sale?

1 Answer

0

10 Posted

Revenues from oil and gas leases are required to be deposited in the Oil and Gas Lease Fund and by law are earmarked for recreation, conservation, and flood control projects. The Pennsylvania General Assembly created the Oil and Gas Lease Fund in 1955.