September 19, 2015 |
In an assist to the shale-gas industry, the speaker of Pennsylvania's House said Thursday that Republicans will propose a "Keystone Energy Zone" to extend tax breaks to gas-hungry manufacturers. Rep. Mike Turzai (R., Allegheny), speaking on the final day of the Marcellus Shale Coalition's two-day conference in Philadelphia, disclosed the tax-break concept as a counterpoint to Gov. Wolf's plan to create a natural-gas severance tax. "Let's quit talking about this severance tax, and let's talk about how we improve usage," Turzai said during an onstage discussion with David J. Spigelmyer, the coalition's president, and K. Scott Roy, a Range Resources Corp.
September 17, 2015 |
After shifting its annual conference to Western Pennsylvania last year, the shale-gas industry returns to Philadelphia on Wednesday for a two-day gathering amid an economic climate substantially subdued from the industry's early go-go years. The Shale Insight 2015 conference at the Convention Center, sponsored by the Marcellus Shale Coalition, is placing an emphasis on the industry's ties to the Philadelphia region as a potential energy hub, if the pipelines to deliver shale-gas products can be built.
February 19, 2015 |
Despite low gas prices and a reduction in drill rigs, Marcellus Shale producers generated nearly 4 trillion cubic feet of natural gas in Pennsylvania last year, up 28 percent from the previous year, according to state figures. Exploration companies produced 2.08 trillion cubic feet of gas from 5,960 "unconventional" shale wells during the second half of 2014, up 10 percent from the first half of 2014. During all of 2013, Pennsylvania unconventional wells produced 3.1 trillion cubic feet of gas. Cabot Oil & Gas Corp.
November 17, 2014
WE LEARNED many new things at City Council's hearings on Philadelphia's energy future last week. Here's one: components of natural gas include propane, butane, methane . . . and here, in Philadelphia, civic pain. We're referring to the pain of listening to experts on Philadelphia's future as an energy hub and wondering why the city wasn't having these discussions years ago. And the pain of realizing that PGW's private ownership could be a key to the city's future as an energy hub, but Council killed that prospect just last week primarily because of "process" instead of the potential outcome for the city as a whole.
September 26, 2014 |
PITTSBURGH - The Marcellus Shale industry is trying to reclaim a word that has become one of the most effective weapons of natural gas foes: Fracking. The Marcellus Shale Coalition, which opened its annual conference Wednesday in Pittsburgh, is launching a campaign aimed at countering the negative connotations associated with fracking, the term derived from the gas-extraction technique of hydraulic fracturing, which has become a catchall pejorative among activists for all aspects of drilling.
September 20, 2014 |
New Jersey's largest utility has joined a consortium of companies that wants to build a $1 billion bistate Marcellus Shale pipeline. PSEG Power L.L.C., a subsidiary of the Public Service Enterprise Group, has joined a partnership, PennEast Pipeline Co. L.L.C., which announced in August plans to build a 105-mile gas pipeline underground from Luzerne County to the Trenton area. Construction would begin in 2017. Retail utility customers of Public Service Electric & Gas Co. would benefit by better access to low-cost Marcellus gas, said Mike Jennings, a PSEG spokesman.
September 7, 2014 |
A consortium of New Jersey and Pennsylvania utilities that wants to develop a 105-mile Marcellus Shale natural gas pipeline says it has received enough commitments from shippers to move ahead with the $1 billion project. PennEast Pipeline Co. L.L.C. says it received binding bids for nearly one billion cubic feet a day of gas on the pipeline, which would start in Luzerne County and terminate in the Trenton area. About half of the pipeline's capacity is committed to serve utilities associated with the four companies funding the project.
September 1, 2014 |
The Marcellus Shale natural gas discovery has triggered an associated boom in Pennsylvania land disputes, as formerly valueless mineral rights are now potentially worth millions. The heirs of a Centre County landowner asked the Pennsylvania Supreme Court this month to resolve a case that stripped them of their 19th-century mineral rights, now claimed by a hunting club that bought the land in 1959. The convoluted legal question affects the natural resources beneath huge expanses of timberland in the heart of the Marcellus Shale, which now accounts for nearly a quarter of the nation's natural gas production.
August 14, 2014 |
A consortium of New Jersey and Pennsylvania utilities wants to develop a 105-mile pipeline to deliver low-cost Marcellus Shale natural gas to East Coast customers, easing bottlenecks that caused price spikes last winter. The PennEast Pipeline Company L.L.C. on Tuesday announced plans to build a $1 billion, 30-inch-diameter pipeline from Luzerne County to the Trenton area. Utilities and customers in Pennsylvania and South Jersey would be the beneficiaries. UGI Energy Services, a subsidiary of UGI Corp., of Valley Forge, would build and operate the interstate pipeline.
March 22, 2014 |
Pennsylvania's fee on Marcellus Shale natural-gas wells is the lowest among 11 states examined in a study released Thursday by the Independent Fiscal Office, the state legislature's nonpartisan budget agency. The IFO said Pennsylvania could collect less than 1 percent of the value of the production from shale-gas wells during their lifetime. Under the same scenario in neighboring West Virginia, the wells would generate nearly 12 times the tax revenue. The state agency's report will likely rekindle a smoldering debate in the coming gubernatorial election over whether Pennsylvania set its impact fee too low in 2012.