If you guessed $830 million, you are correct! The impact tax is on track to generate nearly $830 million by April of this year. These enormous tax revenues go directly into the communities where natural gas production takes place as well as each and every one of our 67 counties. To view how much revenue your county […]
What are the job opportunities for residents of this region who are unable or unwilling to relocate?
While jobs in engineering, construction, and equipment operations are most plentiful, there are professional services and support positions being filled by firms located in southeastern Pennsylvania. Additionally, many of the jobs at the South Philadelphia and Delaware County refineries are directly tied to Marcellus development. For additional information on employment opportunities in the natural gas […]
While the Marcellus Shale formation does not extend beneath SEPA, that doesn’t mean those in the Philadelphia area aren’t benefiting. The most obvious impact is the utility rate savings that everyone, including those in the greater Philadelphia region, have received as a result of this development. Researchers recently found that in 2012, because of reduced […]
How do our energy prices compare to other states that do not have natural gas and how can we use low pricing to attract manufacturing?
Great question. Cheap natural gas certainly provides a competitive advantage to manufacturers, and the proximity to that gas provides yet another advantage – the closer you are to the resource, the less you have to pay in pipeline transportation costs. As for energy prices, that’s a bit trickier to answer. As you probably know, crude […]
Are price dynamics for Marcellus different from gas from non-shale sources (early production rate fall-off) and will price be more or less stable?
Natural gas prices — like virtually every commodity — will ebb and flow over time. It is quite clear, though, that our abundant and growing resource base will help keep energy prices affordable for American consumers and businesses for decades to come. In fact, President Obama said this during his 2013 State of the Union […]
Access to affordable, reliable forms of energy are key to a strong, growing and prosperous economy. From manufacturing to transportation to providing a reliable and efficient means to power our homes and businesses, natural gas is a key and growingly important component of our domestic energy portfolio. Wind and solar also play a critical role, […]
Is it true that Act 13 provides for money that can be used for conservation to go to the municipalities?
Absolutely. And just recently, the Pa. Public Utility Commission (PUC) allocated $202.4 million – which is in addition to $1.8 billion paid in natural gas-related taxes and last year’s impact fees of more than $200 million – to various programs, including conservation efforts. Impact fee revenues – generated by the safe, job-creating shale development – […]
If a natural gas operator does in fact go bankrupt, the same process holds true for their business as it would for any other business. Natural gas operators are also required to have a bond on their well pads in the event something should occur and the company is no longer in existence to address […]
While there are a number of online resources for employment opportunities in the natural gas industry, we would direct you to the Marcellus Shale Coalition’s Job Portal, which links to the employment sections of our 300+ member companies websites.
How come you don’t hire local residents in the areas where you drill? I’ve seen the places you drill and they’re usually poor economic areas. It would help the local economy.
In line with our Guiding Principles, the MSC works to attract and retain a talented local workforce: the development of clean-burning, reliable, and abundant natural gas resources that will improve our energy security and national security for generations to come. Indeed, safe shale development is providing new opportunities for family-sustaining employment in a variety of […]