News

12.19.12

State approves $1.1 million for local housing needs

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).

 

12.19.12

Natural Gas Abundance Drives GM to Offer CNG Pickup Trucks in 2013

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.

 

12.19.12

Blair County's Natural Gas Business Development Seminar

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.

 

12.18.12

The Marcellus Shale in 2012 Gas companies focus on local communities

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.

 

12.17.12

Natural gas vehicles are coming to Pennsylvania

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.

 

12.17.12

Drilling for natural gas in the wilds of Lycoming County

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.

 

12.17.12

Drilling industry gets into holiday spirit

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.

 

12.14.12

Marcellus shale impact fee to fund Fayette County projects

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.

 

12.14.12

NEPA housing projects get impact fee revenue

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.

 

12.13.12

Municipalities decide how to use impact fee money

Municipalities in Bradford and Sullivan counties are facing tough decisions on how to best use a new revenue source. Across the state, municipalities have received increased revenue in the form of "impact fees" levied on gas companies. These fees were enacted into state law through Act 13, and have been a major source of money for local governments this year.