State officials in West Virginia are angry with Chesapeake Energy over the announcement that Chesapeake has signed a deal to ship ethane out of the Marcellus region via pipeline to the Gulf Coast for processing. A quick petrochemical lesson: Some of what comes out of the ground when drilling for natural gas is the chemical [...]
Chesapeake Oilfield Services has just launched a hands-on training program at its Eastern Housing Center and Training Facility in Athens Township (Bradford County), PA. They’ve installed a working drilling rig at the facility to give new hires real-world, hands-on training. The primary aim of the facility is to teach new workers safe work habits while [...]
Edmond Seifried is professor emeritus of economics at Lafayette College in Easton, PA. He says that fiscal and monetary policy used by the Federal Reserve has not and will not work. He says that natural gas is not just the best, but the only way for the U.S. to recover from the current economic malaise. [...]
A columnist in the Pittsburgh Post-Gazette asks the question, “Should young people consider putting off college in order to work a job in the Marcellus Shale?” And the surprising answer is, “Maybe.” She recounts her random run-in with a young man in the Pittsburgh airport who was flying home to visit his parents, as he [...]
Yet more proof that Marcellus gas drilling is a jobs-creating machine in Pennsylvania, this time in western PA’s Butler and Washington counties:
When drilling finally starts in New York State, one of the immediate benefits to the state will be jobs. And not all of those jobs will be in the drilling industry. Some of them will be for the agency that oversees drilling in New York, the Department of Environmental Conservation (DEC). The latest word is [...]
Early today, Norse Energy, a Norwegian company with gas drilling operations in New York State, issued an interesting press release about laying off half of their employees (see the full release below). Norse holds some 180,000 net acres of natural gas leases in New York, of which 130,000 are in the Marcellus and Utica Shale [...]
A private study on the socio-economic impacts shale gas drilling is projected to have in New York State shows hydraulic fracturing will create some 54,000 jobs and result in $2.5 billion in economic activity. The report, titled “Economic Assessment Report for the Supplemental Generic Environmental Impact Statement on New York State’s Oil, Gas, and Solution [...]
Shell Oil is “nearing a decision” on where to build a multi-billion dollar ethylene cracker plant in the Marcellus region, and states in that region—specifically Pennsylvania, West Virginia and Ohio—are aggressively competing to have the plant built in their state. (See MDN’s petrochemical primer for details on how shale gas drilling relates to the chemical [...]
A new 62-page study (embedded below) conducted by Penn State and the Pennsylvania College of Technology looks at the economic impact of natural gas drilling in PA. The study, titled “Economic Impacts of Marcellus Shale in Pennsylvania: Employment and Income in 2009,” uses a new (and according to the authors more accurate) methodology to calculate [...]
Hundreds of miles of new interstate gas pipelines are on the way in Pennsylvania, and new pipeline construction is providing thousands of jobs in the state. The volume of Marcellus gas flowing from the Marcellus is projected to rise from a current 3 billion cubic feet (bcf) per day to 7 or 8 bcf per [...]
The state of West Virginia is investing $250K in a company that turns ethane from Marcellus gas wells into ethylene. Think of it as a “mini-cracker plant”. Shell and other large energy companies are looking to establish large cracker plants in the Marcellus region—a chemical plant that will take over $1 billion to build (see [...]
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