Pennsylvania

Energy. Environment. Economy.

Background

A look at how energy extraction is reshaping Pennsylvania’s economy.

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Amid lower oil prices, Moody’s predicts failure of many gas export projects

Lower global oil prices, coupled with new gas supplies in Australia will cause the cancellation of most liquefied natural gas (LNG) export projects planned for the U.S. and Canada, according to a new report from Moody’s Investors Services. Moody’s expects several projects already under construction will go forward as planned and be successful. That list includes [...]

Under Wolf, Pennsylvania continues publishing disputed Marcellus job figures

Under a new administration, Pennsylvania’s Department of Labor and Industry is continuing to publish gas industry jobs figures that have been repeatedly questioned by independent economists. Tim Kelsey is co-director of Penn State University’s Center for Economic and Community Development and spends much of his time studying the economic impact of the Marcellus Shale boom. “I [...]

Pipelines: The new battleground over fracking

Forget the battles over the Keystone XL. Pipeline wars are now raging in Pennsylvania, where production is high and pipeline capacity is low. Marcellus Shale gas has the potential to alter the landscape of the global energy market. But right now a shortage of pipelines to get gas from the gas fields to consumers has [...]

Wolf’s budget proposal plus renewed private investment could give solar a boost

Solar energy has taken a back seat to shale gas in Pennsylvania in recent years. But it’s getting renewed attention, thanks in part to a proposal from Governor Tom Wolf and new legislation aimed at funding the lapsed Pennsylvania Sunshine Solar, a rebate program for homeowners and small businesses. Investment from a large solar service [...]

Pipeline opponents target Drexel University

Academics are now getting caught up in mounting opposition to Pennsylvania’s pipeline building boom. Twenty local anti-fracking and pipeline opposition groups have signed off on a letter calling on Drexel University to distance itself from an economic analysis of the PennEast pipeline published by the Philadelphia-based Econsult and Drexel University’s LeBow College of Business. The [...]

With his first budget, Wolf gears up for gas tax fight

Governor Wolf made taxing natural gas drillers the centerpiece of his campaign. As he prepares to give his first budget address Tuesday, the issue has once again taken center stage in Harrisburg. Pennsylvania is the only major gas-producing state without a severance tax, but it does levy many other levy taxes on drillers. A gas tax [...]

Report: Pennsylvania’s effective tax rate on drillers is declining

Even though revenue from Pennsylvania’s gas impact fee has generally ticked upward over the years, the annual effective tax rate on Marcellus Shale drillers has steadily gone down– that’s according to a new analysis released by the state’s Independent Fiscal Office. The IFO is modeled on the U.S. Congressional Budget Office and provides nonpartisan analysis for budgetary [...]

Marcellus Shale production numbers break another record

Drilling companies in Pennsylvania have broken yet another record, as shale gas production jumped 30 percent last year, according to new data released by the state Department of Environmental Protection. Marcellus Shale drillers produced more than 2 trillion cubic feet of gas in the second half of 2014. Throughout all of last year, they produced [...]

Shale gas boom has utilities rushing to increase electricity supply

One of the largest electricity providers in the Marcellus Shale gas region is planning to spend $35 million in infrastructure upgrades to accommodate the increasing need for power at natural gas processing plants and compressor stations. FirstEnergy Corp. recently announced plans to expand electric substations and upgrade large electric power lines. Tim Myers, a spokesman [...]

Backers tout economic impact of PennEast pipeline

A marker shows the path of the Texas Eastern Pipeline as it a field in Lambertville, New Jersey. It is one of several natural gas pipelines buried under farms, forests, backyards and waterways in the region. A new study commissioned by the consortium of companies behind the PennEast pipeline finds it would generate $1.62 billion [...]

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