Philly Energy Hub Plan – Not Dead Yet
Earlier this week MDN reported that Pennsylvania Gov. Tom Wolf helped kill a plan by Philadelphia Energy Solutions to expand its shale oil refinery in Philly by denying a lease on 200 acres at the Southport Marine site (see PA Gov Wolf Kills Plan for PES Refinery Expansion in Philadelphia). As we noted, the PES plan to expand its refinery facilities was one of the key elements of a plan to turn Philly into an “energy hub” in the northeast–perhaps one day rivaling Houston, TX. However, even though the PES plan is now dead, the dream of turning Philly into an energy hub is far from dead. At least it’s not according to Rob Wonderling, president and CEO of the Chamber of Commerce for Greater Philadelphia. Wonderling recently published an editorial touting the economic benefits of Marcellus Shale and how Marcellus gas is already creating new jobs and opportunities in the Philly area. He calls on those who want to see Philly’s manufacturing and jobs picture improve by leveraging Marcellus gas to join him in “picking some stones” to help Philly achieve its dream…
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Looking to land a job in the Marcellus/Utica industry? One of the best ways to do it is to go back to school. If you’re lucky enough to get into Pennsylvania College of Technology (an affiliate of Penn State), and if you graduate from one of their programs with a degree, you stand a 96% chance of landing a job. Other programs include ShaleNET, a service that helps train you and then helps find you a job in the industry. Not every job requires a two or four year degree. Often a certificate will suffice. Here’s more info on going back to “school” and what kind of education you need to land a job in the shale industry…
The Pennsylvania Department of Labor and Industry recently released employment numbers for the first quarter of 2016 for the Keystone State. Those numbers show that employment in PA’s oil and gas industry, which includes the Marcellus, dropped some 10,000 jobs from 1Q15 to 1Q16. That’s about one-third of the o&g workforce. Ouch. Still, PA employs twice as many people in o&g right now than they did when the Marcellus boom got underway in 2008. Here’s the lowdown on the latest PA employment numbers…
On Monday Pennsylvania Gov. Tom Wolf announced PA taxpayers are forking over $5 million to Steamfitters Local 449 union for use in their Butler Training Facility project. The union training facility trains welders. The Shell ethane cracker plant, when it gets built, will need a LOT of welders. Right now the facility graduates 170 new welders a year. With the grant money, they will expand it to train and graduate 270 welders a year…
Undoing the damage caused by the Obama Administration over the past eight years is going to take time. When President Trump assumes office on January 20, 2017 (can’t come soon enough!), he will put in motion regulatory relief and tax policies that will create new jobs for the 94 million Americans now out of work (a staggering number that doesn’t get reported by biased mainstream media). However, those policies will take time to implement. If jobs are the #1 priority for Donald Trump, how can he deliver relief in the short term, starting on Day One? According to the retired president of the Association of Washington (State) Business, Don Brunell, Trump should turn to fossil fuels. Brunell suggests a quick solution to more jobs: more fracking…
You did know that it’s not only the Obama EPA that routinely overreaches by issuing draconian regulations, right? Other Obama agencies, like the Dept. of Labor (DOL), are also guilty of draconian overreach. On May 18, 2016, the DOL published new changes that affect who is and who is not exempt from charging overtime. With the wave of the DOL’s magic wand they doubled the minimum salary necessary for white collar jobs to be “exempt” from overtime. That is, if you now earn a salary below $47,476 annually (or $913 per week), and if you work more than 40 hours a week, it doesn’t matter what your job is–you will be owed overtime for any hours over 40. Which may sound just dandy. Except if your company can’t afford to pay it, you’re about to get laid off, fired or otherwise put out to pasture. Tell me again how much Obama loves me. Employers have until December 1st to figure out what the heck to do, and how to comply, with these draconian new regulations. The legal beagles at law firm K&L Gates have put together a handy guide to help…
Landmen, the people on the front lines interfacing between drillers and landowners, are facing tough times. With the slowdown in drilling has come a slowdown in leasing, or re-leasing. Landmen are the guys and gals who perform that duty–and many of them are now doing other jobs, waiting and hoping for the next upturn in the industry. Here’s the story and perspective of one landman who has been in the business for the last 37 years, through five different up and down cycles. Most recently he worked as a landman for Noble Energy–until he was laid off 1.5 years ago…
Last week MDN reported that Dennis Davin, Secretary of the Pennsylvania Department of Community and Economic Development (DCED) had gone on a roadshow to three counties that will be most affected by Shell’s ethane cracker plant planned for Beaver County (see
In June MDN told you about an economic development group of business and government leaders from Ohio and West Virginia (the Mid-Ohio Valley) called Shale Crescent (see 
A banker, a real estate developer and a natural gas drilling company rep walk into a bar… No wait! This isn’t a joke! A banker, a real estate developer and a natgas drilling rep were panelists at seminar held yesterday, organized by the Pittsburgh Business Times. Even though there has been a major slowdown in Marcellus/Utica drilling, all three panelists were upbeat and optimistic–in no small part because of the coming Shell ethane cracker in nearby Beaver County. One comment made about the Shell cracker: “We’re not just building a facility; we’re building an industry.” That’s just how major the Shell project will be in the greater Pittsburgh area. Another comment: “The Marcellus Shale is not in the tank…It has slowed down, which is typical of industries that are sensitive to price cycles, [but] it’s consistent, affordable and is stable.” More interesting tidbits from the PBT soiree…