Allegheny County | Chevron | Energy Companies | Lease & Royalty Payments | Pennsylvania | Westmoreland County
PA Leases Youghiogheny River Land in SWPA to Chevron $4K/Ac
The Pennsylvania Dept. of Conservation and Natural Resources (DCNR), every now and again, will lease state-owned land for gas drilling. The DCNR has just leased land under the Youghiogheny River in Allegheny and Westmoreland counties. We have the full lease, and lease terms, below…
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Bureaucracies move about as fast as the glaciers in Antarctica. It doesn’t matter where the bureaucracy is located–federal, local, or in this case, state government.
Ole Andrew Cuomo (pronounced Coo-moh by many people we know) is facing a classic Catch-22 situation. He has long promoted and earnestly wants a new arena as the home for the New York Islanders hockey team, but unless he allows a new natural gas pipeline under New York bay, he’s not going to get it.
Here’s an interesting factoid: Even with our improved fracking technology, the amount of oil and gas that stays in the ground after a well is fracked is around 90%! Yes, even on our best days we’re only extracting maybe 10% of the fossil fuels down there. Can that ratio be improved?
MARCELLUS/UTICA REGION: Anniversay of de Blasio’s divestment announcement; OTHER U.S. REGIONS: Baker urged to reject natural gas air permits; New Canaan natural gas project could move downtown a year early; Vermont Gas ordered to show whether engineer OK’d pipeline plans; NATIONAL: Fossil generators ask Supreme Court to review state nuclear subsidies; Americas target petrochemicals; 626 groups urge congress to phase out fossil fuels, build green economy; INTERNATIONAL: For energy markets, geopolitical risk is the new normal.