Marcellus Shale News
Benefits of Natural Gas Production Realized by “Every Single Pennsylvanian”
Canonsburg, PA – While a clear majority of Americans -- facing stubbornly high national unemployment and underemployment rates -- still believe that the U.S. economy is getting worse, according to new Rasmussen Reports research, positive, private sector-driven economic growth continues to buck trends across Appalachia.
One key factor? According to a new Associated Press analysis, Pennsylvania mineral owners and family famers received more than $400 million in Marcellus Shale royalty payments in 2011 alone, while the natural gas industry invested several billion dollars in the commonwealth during that time. As Fadel Gheit, a senior oil and gas analyst with Oppenheimer & Co., tells the AP, "We are producing record levels of natural gas.”
Read more: Benefits of Natural Gas Production Realized by “Every Single Pennsylvanian”
MSC Statement on New University of Texas Report Confirming Fracturing's Safety Record
Canonsburg, PA – A new report commissioned and funded by the University of Texas at Austin’s Energy Institute provides further, science-based confirmation that hydraulic fracturing “has no direct connection to reports of groundwater contamination.” The group of independent academic experts, along with input from the Environmental Defense Fund, also determined that “Media coverage of hydraulic fracturing is decidedly negative, and few news reports mention scientific research related to the practice,” which is tightly regulated.
Read more: MSC Statement on New University of Texas Report Confirming Fracturing's Safety Record
MSC Launches Marcellus on Main Street Initiative
New online business directory will connect natural gas industry with Main Street
Philadelphia, PA – Today, the Marcellus Shale Coalition (MSC) unveiled the first online business directory -- Marcellus on Main Street -- designed exclusively to connect the natural gas industry with small- and medium-sized businesses across the region.
Ohio Sand Turns to Gold as Drilling Boom Comes to Buckeye State
Rob Sidley is sitting on a gold mine, thanks to Mother Nature. His family-owned company produces the special sand needed for the drilling boom in Ohio’s deep layer of Utica shale. The sand is perfect for the hydraulic fracturing process which uses force to open cracks in the shale and free up natural gas, oil and other lucrative products. … Sidley declined to reveal how much fracking sand his company is expecting to produce, but the company annually produces 400,000 to 500,000 tons of sand and gravel from its 1,800-acre operation with its 150 employees. (Akron Beacon Journal, 12/26/11)
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