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
Read More...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
Read More...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
Read More...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
Read More...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
Read More...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
Read More...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
Read More...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
Read More...The United States is experiencing record-breaking oil and natural gas production, led by America’s independent oil and natural gas producers, according to a new IHS Markit report. The report, which was commissioned by the Independent Petroleum Association of America, finds that these independent producers – companies that do not have midstream or refining operations –
Read More...Yesterday New York Gov. Andrew Cuomo dropped an economic atom bomb on New York City by rejecting a natural gas pipeline to bring more supplies of clean-burning natgas to NYC and Long Island (see NY Gov. Cuomo Denies Permit for Williams NESE Pipeline to NYC). The reaction has been swift, and negative. NYC’s economic and
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Several members of the Marcellus Shale industry spoke at a meeting of the Williamsport/Lycoming Chamber of Commerce yesterday, including MDN friend George Stark from Cabot Oil & Gas. George is director of
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. What will Pennsylvania’s future with respect to energy look like 25 years from now? What role will shale gas play? And how will that role affect the state? A group of 35
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Washington County, PA Washington County, PA (southwestern part of the state) brought in $560 million in new investment, along with 725 new jobs, in 2018. The vast majority of that new investment
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