PA Biz Affected by Drilling Slowdown, but Hope is on the Horizon

Don't Stop BelievinYesterday MDN told you the sad news that southwest PA hotel owners have hit a rough patch and some of them are putting their properties on the auction block (see SWPA Hotel Owners Catering to Marcellus Auctions Properties). We have more news today about businesses being adversely affected by the drilling slowdown in PA. This time the stories come from the eastern part of the state. And yes, once again one of the affected businesses is a motel. And also a cleaning service. Even though “it’s tough and getting tougher out there” as well all know, we also spotted a story of hope. George Stark, spokesman for Cabot Oil & Gas, says shale drilling WILL return to PA, and it will return “with a vengeance.” What does that mean?…

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