How are Low Oil Prices Affecting Marcellus-Focused Law Practices?
We continue to see stories mentioning the collapse of the oil price and its potential ramifications on shale drilling in the northeast. Yesterday we brought you insight into how low oil prices may (or may not) be affecting Ohio Utica Shale drilling (see OOGA Says Some Drilling in OH Stopped by Low Oil Price). Today, we have a story about how the low price of oil may or may not be affecting the legal industry that serves the Marcellus and Utica industry. When it comes to whether or not lawyers are seeing a slow down, it all depends on what part of the industry they serve…
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Sensing that the corrupt Philadelphia City Council will not budget–will not even talk to UIL Holdings about their proposed $1.86 BILLION offer to purchase the municipal-owned Philadelphia Gas Works (PGW)–the company has pulled the plug on the deal. It’s now officially 100% dead. Even though UIL has assured and reassured anyone who would listen that they won’t come in and fire the union workers, and that they would accelerate an already-ambitious schedule of upgrading PGW’s failing pipeline infrastructure, City Council members are stuck in the pockets of powerful unions and shadowy others in the background who opposed the deal. UIL has been more than patient. Philly’s dream of being an “energy hub” in the northeast is also dead along with the deal…
It’s payback time for newly elected Pennsylvania Democrat Gov. Tom Wolf. He took radical California environmentalist Tom Steyer’s money, millions of it, to get elected (see
Just when you thought it was the season of peace on earth and goodwill toward men (and women), the season of cheer and good tidings, eggnog and presents–along come wacky anti-drillers to screw up Christmas. Members of the radical Clean Air Council in Philadelphia are rewriting Christmas carols to include messages about nutty man-made global warming. Here’s some real creativity: “You better watch out, you better not cry, you better not pout, I’m telling you why. Climate Change is coming to town.” Wow. How much did these kids’ parents