2014 Pipeline Roundup: Most Important Northeast Pipeline Projects
Pipeline infrastructure is critical to the development of any shale play, but in particular for the Marcellus and Utica Shale region. We are blessed with some of (we would say THE) best shale gas resources in the country. As more drilling takes place, you need a way to get all of that gas to market. “Markets” include local, New England, the East Coast, the South, the Midwest, the Southwest and even exports to Canada and (via LNG) Japan and India and perhaps even Europe. MDN has long chronicled pipeline projects in the northeast. However, Dave Messersmith, Penn State Extension Educator part of the Penn State Marcellus Education Team, recently penned an excellent roundup of some of the most important pipeline projects for the northeast–pipelines that either are in the works now, or announced…
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Three families near a WPX Energy wastewater impoundment near Ligonier (Westmoreland County), PA say their well water has been contamined by wastewater leaking from the impoundment. The case is just coming to light (at least for MDN) although the PA Dept. of Environmental Protection (DEP) has known and has investigated the “leaky impoundment” for going on two years now…
We have to wonder, is PA State Rep. Rosita C. Youngblood (Democrat from Philadelphia) actually brain dead? At a minimum she’s an economic ignoramus, understanding 0% about economics and business and what it takes to make a successful business. Youngblood had the temerity (stupidity?) to write an editorial for the Philadelphia Weekly Press in which she says casinos in the state are taxed 55% of all money that passes through their hands, and therefore a measly 5% (or even 10%) severance tax on shale drilling is peanuts. Uh, Ms. Youngblood, have you ever heard of the concept of risk in business? Or profit?…