On or off the bandwagon, every Pennsylvanian is currently benefiting from Marcellus Shale natural gas development in a number of ways. Whether it’s through more affordable utility bills, the $1.8 billion in state tax revenue or the more than $400 million in impact fees generated for local communities and state agencies, Pennsylvanians are seeing the […]
For people who jump onto (or want to) the natural gas ‘bandwagon’, how long will it take for them to be significantly and directly affected (neg vs. pos)?
The first benefit, regardless of where you reside, is more affordable utility rates. Given the increased production of natural gas, specifically from the Marcellus Shale, prices have come down to a fraction of cost than just a few short years ago. Here in Pennsylvania, utility companies are required to pass that commodity savings along to […]
We’ll take this question a few different ways. From a resource standpoint, the Marcellus Shale is the second largest natural gas field in the world and the largest shale producing formation in the United States, accounting for a full 10 percent of our domestic natural gas production and 25 percent of shale gas production. From […]
Natural gas, unlike oil, is not traded on the global commodities market. It’s a regionally priced commodity and the Marcellus is well situated to take advantage of its strategic geographic location. As you may know, with the northeastern population centers at the Marcellus’ doorstep, there are no shortages of markets for the gas produced here […]
Given the refinery and port capacity here – will products from around the state flow through this region?
The ports and refineries in the Philadelphia region are certainly benefiting from Marcellus development. In fact, the three refineries in the region are sourcing their natural gas needs from the Marcellus and some companies are shipping natural gas liquids from the ports. So to answer your question more directly, yes, Marcellus Shale natural gas is […]
New technologies are researched, tested and developed on a daily basis across the natural gas industry. From emission control technologies to water management to advanced drilling rigs, computer software and spill containment systems – processes are refined and new products are developed to further reduce the industry’s environmental footprint that also increase efficiencies. On water […]
What investments are being made to ensure that it can be delivered to areas where it can be utilized?
The midstream sector of the natural gas industry has invested billions of dollars in infrastructure to get this clean-burning energy resource to market. As additional wells are development, additional pipeline will be laid to get the resource to market.
What are you (MSC Member cos.) doing to diversity your supply chain and workforce, especially in terms of race & gender?
Thank you for the question. The Marcellus Shale Coalition, and our member companies are committed to diversifying the natural gas supply chain. We have partnered with the African American Chamber of Commerce in both Pittsburgh and Philadelphia, as well as regional business groups to host supply chain forums to inform minority owned companies of the […]
According to the Pennsylvania Department of Labor and Industry (L&I), more than 240,000 jobs are supported by the natural gas industry here in Pennsylvania. Nationally, IHS Global Insight recently found that natural gas development generated 600,000 jobs in 2010 and projected that to grow to 870,000 by 2015 and 1.2 million jobs by 2035. Recently, […]
Individual landowners make a decision on whether or not lease their land for energy development. More broadly speaking, 96 percent of all goods used and consumed each day are touched by chemistry, which natural gas serves as a foundational feedstock. Without natural gas, computers, clothing, consumers electronics and other everyday household goods would not be […]