Pennsylvania is second only to Texas in the number of workers employed by the unconventional oil and gas industry, according to a new report by IHS Global Insight. The Keystone state had nearly 103,000 people employed in jobs linked to oil and gas extraction, much of which has grown thanks to the development of the state's Marcellus Shale formation. That number counts workers who are incurring state income tax, which means it can include non-permanent residents who moved here for the job.
Lycoming County has been approved for $1.1 million in funding for housing and residential improvement projects. It's all part of an overall $8 million funding source through the Pennsylvania Housing Affordability and Rehabilitation Enhancement Fund (PHARE).
n 2013, General Motors will be releasing two pickup trucks that run on compressed natural gas (CNG). The move comes in response to fleets all over the nation, and Ohio, converting to natural gas as a fuel source in part thanks to its low cost. The development of Ohio's Utica Shale and shale formations across the country are expanding our natural gas reserves exponentially, and it is a large part of why more and more companies and fleets are switching to the clean-burning, abundant fuel source.
Tuesday, January 22, 2013 | 7:30 am - 12:30 pm Blair County Convention Center Registration Fee: $85 per person This event is a joint promotion of the Altoona-Blair County Development Corp. and the Blair County Chamber of Commerce.
The holidays are upon us. Houses are lit with bright lights and living rooms are adorned with trees. The ringing of the Salvation Army's Red Kettle Campaign bell can be heard at stores across northeastern Pennsylvania, reminding everyone that it really is better to give than to receive. It is the most giving time of year, but for the gas companies, that time has been all year. While the activity below-ground may have slowed down, the efforts of the gas companies above the ground have not slowed down at all as they have focused largely on giving back to their local communities this past year.
Today the term Marcellus Shale is a household name. It's transformed Pennsylvania's economy and has elevated the state's energy profile. Recent production figures from the Pennsylvania Department of Environmental Protection illustrate the prolific nature of this play. Production topped 895 billion cubic feet of natural gas for the first six months of 2012, pushing the total production over 2.5 trillion cubic feet since 2008. How big is this? Pennsylvania has gone from importing 75 percent of its natural gas just five years ago to being a net exporter today.
To reach the Seneca Resoures drilling sites north of Trout Run is to negotiate a series of winding, narrow unpaved roads through rugged mountainous and forested terrain. While bumping along inside a vehicle driven by Seneca Manager Rob Boulware, one passes occasional signs of civilization - the rustic cabin, a deer hunter or two attired in blazing oranges and the occasional security checkpoints where a man or woman waves to us from inside a shed.
The oil and gas industry is ramping up all around us, thanks to the prolific and profitable new drilling destinations that bear a pretty little name like Marcellus or the industrial sounding label of Utica. The renewed interest in Pennsylvania's oil and gas patch brings with it a return to the lingo of the trade.
A portion of the $1.4 million Marcellus shale impact fee received by Fayette County will be used to defray the cost of an equipment purchase, hire staff and fund an existing retirement fund deficit. County commissioners agreed Thursday to spend about $740,000 of the impact fee rather than use the general fund revenue to pay for the expenses or delay action in the matters as they continue to finalize the 2013 budget.
More than $2 million for projects to address housing needs in the Marcellus Shale drilling region in Northeast Pennsylvania was approved Thursday by the Pennsylvania Housing Finance Agency. The money from impact fees paid by natural gas drilling companies in 2011 will go to build new housing for senior citizens and low-income residents, help landlords rehabilitate rental properties, help low-income individuals pay rent and for other purposes.