Issues surrounding the natural gas boom in Pennsylvania continue to make the news. In NEPA, UGI announced that due to increased natural gas production in the Marcellus Shale Region it will be LOWERING home heating gas prices in 2013. This reduction is similar to price reductions last year. The price of natural gas is at… Read more »
Reports today note that Democratic Legislators in Harrisburg have filed a “friends of the court ” brief in Commonwealth Court. The brief was filed in the case challenging the zoning portions of Act 34. Several local municipalities challenged the new law over zoning provisions that give the state and natural gas drillers control over gas… Read more »
As residents and natural gas drilling executives wait on New York legislators to lift the natural gas drilling ban in the state of New York, the University of Buffalo (of all places!) has issued a report on natural gas drilling and “fracing” in Pennsylvania. The report notes a reduction in major problems at gas… Read more »
The Marcellus Shale natural gas boom has brought economic development, excitement and some controversy to rural communities throughout NEPA and Central Pennsylvania “gas country”. It has also introduced people to new companies including Chesapeake Oil & Gas. Chesapeake has become the biggest player in natural gas production in the Commonwealth. Unfortunately Chesapeake is making the… Read more »
The Pittsburgh Post- Gazette reports today tha Blair County will be home to a new 15 million dollar fracking pump manufacturing plant. The plant will be located near Altoona and will bring new construction and permanent jobs to the area. This is a good sign for the future of natural gas drilling in the Marcellus… Read more »
The issue of drilling the Marcellus Shale natural gas reserve using the “fracking” method continues to bring controversy. currently there is a bas on natural gas drilling in the entire state. However, many property owners have signed gas leases and natural gas companies are anxious to start drilling. Reports note that the state legislature is… Read more »
The Pennsylvania Public Utility Commission–PUC–has announced passage of new regulations to compliment the state’s new gas drilling law Act 34. The new rules are designed to help gas drilling companies and local municipalities comply with the new law. Rules include forms for gas drilling reporting and collection of the new natural gas impact fee. … Read more »
A mixed bag of news is out today on Marcellus Shale Gas Drilling and Fracking. There is good news for Gas Country Counties on the tax front. A report out of Penn State notes that state sales tax and real estate transfer taxes were up significantly in 2011 in Counties with natural gas drilling wells…. Read more »
The United States has always dreamed of being energy dependent and not subject to the decisions made by OPEC on oil cost. Reports today indicate that OPEC wants to keep the price of crude oil under $100 per barrel. If so, we should see a reduction in the price of gasoline and home heating oil…. Read more »
