Marcellus/Utica Tied to $43.8B in New NE Industrial Projects
How much of an impact does Marcellus and Utica Shale drilling (and its associated activities) impact the northeast economically? We now have a pretty good idea, thanks to research done by Industrial Info Resources, a research company based in Sugarland, TX. Industrial Info is tracking more than $43.8 billion in industrial capital and maintenance projects that are set to kick off from now through 2016 in the Northeastern U.S. and New England. Industrial Info says, "Abundant natural gas from Marcellus Shale wells in Pennsylvania are responsible for much of the activity"...
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