Washington County, PA Panel Discusses Future of ARCH2 Hydrogen Hub
The Washington County (PA) Chamber of Commerce held an event last week with a panel of experts involved with the Appalachian Regional Clean Hydrogen Hub (ARCH2) to discuss the long-term impacts of the project on the local economy and job market. ARCH2 was first proposed by (mainly sponsored by) West Virginia. Ohio and Pennsylvania later joined in supporting the ARCH2 proposal, which was selected by the Bidenistas as one of seven regional hydrogen hubs to share in a $7 billion pot o’ gold (see Hydrogen Hub Winners Announced – WV Takes Prize in M-U Region). ARCH2’s portion of the money is $925 million.
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The Energy Workforce & Technology Council, based in Houston, TX, is the national trade association for the global energy technology and services sector. The Council reports jobs in the O&G sector increased in November, adding 1,286 jobs. The O&G industry employs 652,398 jobs across the country, just 54,130 jobs away from returning to pre-pandemic levels. And how much do those jobs pay? The average hourly earnings for frontline oil-and-gas workers rose 1.3% in October from the previous month to $44.11, according to a Labor Department report released last week.
For more than a decade, MDN has brought you stories about shale development on and under land controlled by the Muskingum Watershed Conservancy District (MWCD), an agency formed in 1933 to help control flooding and promote water conservation in the Muskingum River watershed area of Ohio, an area that covers 8,000 square miles (
Natural gas development is fundamental to the health and strength of Pennsylvania’s economy, supporting well over 100,000 family-sustaining careers, boosting state tax revenues, and generating billions in economic benefits, according to a new economic impact analysis (full copy below) commissioned by the Marcellus Shale Coalition (MSC). The analysis, released at the kickoff of the
The nutters are out in full force, particularly in Pennsylvania, using fraudulent “studies” by the Ohio River Valley Insititute (ORVI) and (sadly) the University of Pittsburgh (Pitt) to call for an end to the Marcellus industry in the great Keystone State. A recent “letter to the editor” appearing in the Sunbury (PA) Daily Item is a perfect example. On Sept. 3, the Daily Item ran an op-ed titled “Is fracking good for Pennsylvania,” concluding that it is not. It was written by a member of the Climate Reality Project, a far-left organization that irrationally hates fossil energy. The typical references were made to the fraudulent ORVI and Pitt studies. Ten days later, another op-ed appeared in the Daily Item, written by David Callahan from the Marcellus Shale Coalition, setting the record straight.
Actions have consequences. Environuts, like the lefties in Maine, seem to forget that. In early 2021, Summit Natural Gas of Maine, a regional utility company, announced plans to extend its service territory into Maine’s Midcoast region with a $90 million pipeline project (see
The transient workers in the Ohio Utica Shale field must stay somewhere. That somewhere is typically a hotel or motel. Belmont County, one of the hotbeds of Utica drilling, has many such transient workers. Their overnight stays at area hotels and motels create a big pile of lodging tax revenue, which is used to help fund the Belmont County Tourism Council. And the Council is thankful for it!
Last week, MDN told you about the third and final public hearing held by the Pennsylvania House Philadelphia LNG Natural Gas Export Task Force (see
Using data from several government agencies, the Gas and Oil Association of West Virginia, Inc. (GO-WV) published its annual Gas Facts report last week. According to the report (copy below), West Virginia natural gas production increased 6% to 2.8 trillion cubic feet (Tcf) in 2022. WV has moved up from fifth to now fourth largest natural gas producer in the country, providing 10% of the entire country’s natural gas supply! Combined severance tax revenue from natural gas, oil, and natural gas liquids contributed 70% (nearly $714 million) of the over $1 billion allocated to the State General Revenue Fund for fiscal year-end June 30, 2023. The O&G sector in WV employs more than 17,000 direct jobs in the state, with an average salary of $93,739. According to a study by PriceWaterhouseCoopers, indirect jobs in WV related to the O&G industry number over 73,000 and contribute nearly $13 billion to the state’s economy.
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Inflation is a measure of the rate of rising prices of goods and services in an economy. Inflation can occur when prices rise due to increases in production costs, such as raw materials and wages. A surge in demand for products and services can cause inflation as consumers are willing to pay more for the product. But inflation can also be caused by the government printing and spending too much money. We refer to the current high inflation in our country as Bidenflation–caused by the Biden White House and colluding Democrats in Congress–because they passed massive, reckless spending bills. Much of that spending is being paid for by simply printing new money. When you have more money chasing the same amount of goods and services, prices go up. Inflation.
Apart from the obvious benefits rural landowners (farmers) receive when leasing their land for shale gas drilling, did you know that modern agriculture, those same farmers, could not exist without natural gas? U.S. agriculture is a MAJOR part of the U.S. economy, creating 17.2 million jobs (5 million direct jobs) and contributing a mind-blowing $1.75 trillion to our country’s GDP (gross domestic product). The agricultural sector accounts for nearly 15% of U.S. commercial and industrial natural gas demand. Key feedstocks like ammonia, which is used to make nitrogenous fertilizer, are produced from natural gas. America’s farms and ranches have been key beneficiaries of the growth in U.S. natural gas production.
New research released by The Buckeye Institute models the impact that a new Clean Power Plan–which the Biden Administration is attempting to revive through the regulatory process–would have on jobs, the economy, and customers. In “The Economic Impact of a Potential New Clean Power Plan on Ohio and California” (full copy below), researchers with Buckeye’s Economic Research Center (ERC), using power usage data from government agencies in Ohio and California, found that customers in Ohio would see an increase of $810 on their electric bills per year and that customers in California would see an increase of $665 annually.