Pennsylvania

Energy. Environment. Economy.

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

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Businesses already betting on proposed ethane cracker in Beaver County

Royal Dutch Shell is still mulling over its proposal for a multi-billion dollar ethane cracker in Beaver County. However, businesses are already betting on the plant that would break down natural gas liquids into building blocks for manufacturing. The Pittsburgh Tribune-Review reports new hotels and housing could be on the way to Beaver County as engineering [...]

Analysis finds Pa.’s effective tax rate on shale gas wells among lowest

Pennsylvania has one of the lowest effective tax rates on shale gas extraction, according to an analysis from the state’s Independent Fiscal Office (IFO). The analysis only considers Marcellus gas wells going into production this year. It compares Pennsylvania against ten other shale gas-producing states around the country. “The states we examined were either a large [...]

Berks County gas-to-liquids plant gets preliminary approval

Supervisors in South Heidelberg Township, Berks County have given preliminary approval to a plant that would turn natural gas into liquid motor fuel. The gas-to-liquids plant is among the first of several similar projects proposed around the state. The idea is to turn Pennsylvania’s cheap, abundant natural gas into more expensive liquid fuel. The plant would cost between [...]

Maryland court rules in favor of proposal to export natural gas

The Maryland Court of Special Appeals has ruled in favor of a plan by Dominion Resources to export liquefied natural gas (LNG) from an existing import terminal at Cove Point in Lusby, Maryland. It is the closest such facility to the Marcellus Shale. In a federal lawsuit, the Sierra Club argued that an agreement between the [...]

Pennsylvania shale production continued to grow in 2013

Pennsylvania’s annual gas production swelled last year, with drilling companies pulling 3.1 trillion cubic feet of gas from the Marcellus Shale and other unconventional formations in 2013, according to new data released by the state. The production data is reported by operators and is not verified before it is posted online by the Department of [...]

Shell seeks to move Pa. highway for proposed ethane cracker

The Associated Press is reporting that Shell Chemical LP is seeking to relocate a state highway in western Pennsylvania as part of its proposal to build a multibillion-dollar ethane cracker. From the AP: PennDOT spokesman Dan Cessna says Shell would pay for the changes, which include moving a section of Route 18 in Beaver County [...]

Southeast Pa. refiner bucks industry call to lift crude oil export ban

In early 2012, the refining business in Southeast Pennsylvania was on life-support until a glut of cheap American oil and natural gas revived the industry. Now, oil producers want to sell to higher bidders overseas and some lawmakers are pushing to lift a long-standing ban on crude oil exports. The ban dates back to December 1975 [...]

Bitter cold spurs higher natural gas prices

The bitter cold has caused natural gas prices to see its biggest weekly gain since September 2012, according to Bloomberg: Gas climbed 0.9 percent to the highest price in more than two years as Commodity Weather Group LLC in Bethesda, Maryland, said the cold weather will persist in the eastern half of the U.S. through Feb. 1. [...]

Corbett unveils energy plan for Pennsylvania

Governor Corbett today unveiled his state energy plan. Speaking at the Pennsylvania College of Technology’s Earth Science Center in Lycoming County, he promoted the state’s vast energy reserves as a significant economic driver. “Energy equals jobs in our gas and coal fields,” he said. “But it also equals jobs in our nuclear reactors and our growing renewable [...]

Shell issues profit warning: bad news for Pa. ethane cracker?

Royal Dutch Shell warned its investors Friday that the oil giant made “significantly” less money than expected in the last quarter of 2013. It’s the first time Shell has issued a profit warning in a decade and comes at a time when the company is being choosey about where to invest capital. Last month, Shell abandoned [...]

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