External Affairs Coordinator, Cabot Oil & Gas
The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM “The Talker,” talked about gas plants, a 20% severance tax, plastics and much more this week.
Every Saturday, Kevin Lynn of Linde Corporation and I co-host a morning radio show to discuss all things natural gas.
The Shale Gas News is typically broadcast live and this past Saturday’s program, the podcast of which is AVAILABLE HERE, covered the following new territory (see news excerpts below) and included interviews with the Pennsylvania Chamber of Commerce’s Kevin Sunday and Pennsylvania State Senator Carmera Bartolotta along with all this:
- Newspaper Admits PA Gas-Powered Electric Plant Will Pollute Less. Experts interviewed by the Times-Tribune say you’re more likely to breathe harmful air pollution living downwind from a major highway than you are living downwind of this proposed plant.
- StateImpact Admits Wolf’s PA Severance Tax Goes as High as 20%. Fractivists at StateImpact that if the price of natural gas remains low in PA, Wolf’s severance tax actually zooms up to 20% – not the 5% he claims it is.
- Is Marcellus Production Heading for a Decline? EIA says yes based on the theory Marcellus natural gas prices will remain really low – below $2 per thousand cubic feet through 2016, and the average price won’t hit $4/Mcf until 2020 or later.
- Report: Plastics Manufacturing Gets a Boost from American Shale. An additional 461,800 direct and induced jobs will be created over the next decade, while workers in the plastics industry and its supply chain will be paid $19.1 billion.
- The Rising Competitive Advantage of U.S. Plastics. Because the competitiveness of plastic resins depends on energy costs—shale gas development has changed the competitive landscape for U.S. plastics.
- Lordstown Ohio—Unlike Jessup — Is Openly Embracing a Gas-Generated Electric Plant. Lordstown $800M gas-powered electric plant gets village approval as Council voted to offer the project a number of incentives and actively worked to get the deal done .
- OOGA: Cracker Plants Would Turn Ethane from Expense into Cash. The economic impact from a single cracker plant is upward of a staggering $20 billion.