PA Bed & Breakfast Expands to Meet Demand from Marcellus
One of the oft-heard refrains is that when drilling shows up in a region, housing gets tight—really tight. Rents for apartments soar, and hotels are booked solid. That’s certainly the case in Bradford County, PA where there has been a tremendous amount of drilling, and economic growth, over the past few years.
The beauty of capitalism is that although there may be short-term pain from time to time, there’s long-term gain. The free market will appropriately respond to meet demand (opposite of what the Occupy Wall Street types say). And that’s just what’s happening in Dushore, PA, a small community in Bradford County. This is a story of a small bed and breakfast more than doubling in size to meet the demand for rooms—because of Marcellus Shale gas drilling.
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Although Chesapeake is leaving town, moving the majority of its 200 employees who work in offices in Canton to a new facility they’re building 7 miles away in Louisville (
A Harvard University study published in June takes a look at oil and makes the bold prediction that world oil prices will go down, substantially, by 2020. Why? You guessed it—the miracle of hydraulic fracturing of shale, particularly in the U.S.
Danger Will Robinson! You’re about to be fleeced!! Or rather, a warning to the residents and town board members in Lebanon (Madison County), NY—you’re about to be fleeced.