Economic Impact

Shale Crescent Pitches M-U to European Reps at Energy Security Summit

In 2016 a group of business and government leaders from Ohio and West Virginia in the Mid-Ohio Valley banded together… Continue reading The post Shale Crescent Pitches M-U to European Reps at Energy Security Summit first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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O&G Private Equity Investment Picks Up in Europe, Falls Off in US

Even with huge profits the likes of which haven’t been seen since, well, maybe forever–fossil energy companies in the U.S…. Continue reading The post O&G Private Equity Investment Picks Up in Europe, Falls Off in US first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Shell Cracker has Not Led to New Petchem Cos. Nearby – So Far

One of the big promises of building a multi-billion dollar ethane cracker plant project is its ability to act like… Continue reading The post Shell Cracker has Not Led to New Petchem Cos. Nearby – So Far first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Scranton Law Firm Says New Boom in Shale Drilling Coming in NEPA

We’re always on the lookout for indicators and trends that tell us whether or not there will be more or… Continue reading The post Scranton Law Firm Says New Boom in Shale Drilling Coming in NEPA first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Natural Gas Now Best Picks of the Week – April 4, 2021

Tom ShepstoneShepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. Nice Win…for Now This is great news. It’s the latest such win. But, the lawyers hired by the Rockefellers won’t be

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Monroe County, OH Developing Ohio River Site to Help Utica Shale

Clarington, OH The Monroe County, OH Port Authority has scored close to $3 million in grants and loans to fund a development project located at a former CONSOL Energy coal mining site south of Clarington, OH. The money will be used to build an access road and repair eight of 12 existing barge cells on

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Jul-Dec 2019 Private Investment in Ohio Utica Shale: $3 Billion

click for larger version Each year Cleveland State University publishes a report for JobsOhio looking at how much money has been invested by the private sector in the Utica Shale (and related) industry. The CSU’s eighth report (full copy below) was recently released and shows some eye-popping numbers. Total shale investment from July through December

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Ohio’s Non-Drilling Counties Look to Profit from Utica Shale Too

Drilling is great for local counties when it arrives. Especially for the “supply chain” in those counties–companies that sell goods and services to drilling companies. Everything from retail to convenience stores to restaurants to hotels to trucking companies and more. But what about businesses in nearby counties without any drilling activity? Is there any way

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Leidy South Compressors Generate $100M Economic Impact, 680 Jobs

Did you know that building just two new compressor stations in Pennsylvania will bring the state an extra $100 million in economic activity and support 680 direct, indirect and induced jobs? We sure didn’t! Last week Williams filed a newly published study with the Federal Energy Regulatory Commission on the economic impact of their proposed

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PA Landowners Receive $9.8 Billion in Royalty Payments 2010-2018

There is no way to track exactly how much royalty revenue is received by Pennsylvania landowners, because royalty income is not reported separately on the Pennsylvania income tax return. Royalty income is combined with rental, patent and copyright income on line 6 of the PA-40 state income tax return. However, the crack researchers at the

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Country’s Biggest NatGas Power Plant Beginning Construction in OH

Artist rendering of Guernsey Power Plant (click for larger version) Construction on what we believe to be the country’s largest natural gas-fired electric plant, the Guernsey Power Station (being built in Guernsey County, Ohio), is set to begin “immediately” according to the company hired to do the engineering, procurement and construction activities (EPC). Last week

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As Risberg Pipe Nears Finish, $474M Plant Locates in Ashtabula

Credit: Erie Times-News (click for larger version) The Risberg Line, a 60-mile pipeline from Crawford County, PA to Erie County, PA, and from there across the border into Ashtabula County, OH, began construction in February (see Construction Begins on “Massive” PA to OH Risberg Pipeline). As the project nears completion, Ashtabula is already seeing the

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1st Casualty of OH Save Nukes Law – $1.1B Lordstown NatGas Plant

The boneheaded new law passed by the Ohio legislature known as House Bill (HB) 6, meant to save a couple of failing nuclear plants along with a few coal-fired electric plants, has just claimed its first casualty. And it’s major. Clean Energy Future Inc. which has already built two natural gas-fired power plants in Lordstown

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PA Playbook for Closed Coal Plant Sites: Replace w/NatGas, Petchem

Pennsylvania state officials in the Gov. Tom Wolf administration (yes, lib Dem Tom Wolf) are drawing up plans, a “playbook,” for how to redevelop the increasing number of coal-fired electric generating plants that are closing in the state. Most of those plans boil down to this: redevelop those sites as natural gas-fired electric plants and/or

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Pres. Trump Targets Marcellus/Utica to Bulk Up PetChem Industry

President Trump is pushing members of his administration to work with state regulators in Appalachia–Ohio, West Virginia and Pennsylvania–to “build the country’s first natural gas and petrochemical hub” outside of the Gulf Coast. According to Energy Secretary Rick Perry, such a plan is in the the country’s national security interests. Members of the Trump team

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