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Did Governor Wolf’s Tax on Natural Gas Scare Away Foxconn?

Gas Exports - GordonTomb Reports Gordon Tomb
Senior Fellow, Commonwealth Foundation for Public Policy Alternatives

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Foxconn, a Taiwanese electronics manufacturer, who was considering PA for a new plant, may have had a change of heart due to Governor Wolf’s tax record.

The governor of Wisconsin and industry statistics provide Pennsylvania House Republicans more reasons to resist proposals for a new tax on natural gas producers.

In a report by international consulting firm PwC, Pennsylvania is listed behind only Texas, California and Oklahoma for total employment (322,600 jobs) from the oil and natural gas industry in 2015. Income from the industry was reported as $22.9 billion, more than five percent of the state total. The value added to Pennsylvania’s economy is put at $44.5 billion, according to the report sponsored by the American Petroleum Institute.

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Shale Rejuvenating Small Town America One Play at a Time

shaleSamuel Cook
Managing Editor, Oilman Magazine

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The shale play is breathing new life into Small Town America bringing along jobs, investments in the local community and a new sense of pride.

The oil industry has always had a stunning fascination with numbers.

To the casual observer, it may at times seem that the oil and gas industry’s love of numbers supersedes all else. When most newsworthy topics about the industry find their way to print, there’s invariably a number somewhere leading the story, inexorably answering the key questions: “how much?” or “how many?”

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Cabot Celebrates Decade of Milestones in Susquehanna County

dimock verdictGeorge Stark
Director, External Affairs at Cabot Oil & Gas

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It’s been a decade of milestones since Marcellus Shale brought Cabot to Susquehanna County. WNEP’s Power to Save looks back at the benefits to the community.

Earlier this month we announced something pretty incredible: since beginning operations in Susquehanna County, Cabot has paid its landowners more than $1 billion in royalties. And that figure doesn’t even include the nearly $500 million paid out in signing bonuses for their leases.

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Cabot Pushes Out Over $1 Billion To Local Landowners

dimock verdictGeorge Stark
Director, External Affairs at Cabot Oil & Gas

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Cabot Oil & Gas has paid out over $1 billion in royalties to landowners and nearly $500 million in bonuses in their 10 years of operating in this region.

During an update to the community and elected officials, I had the pleasure to announce several major milestones of Cabot Oil & Gas Corporation from its past decade of operations in the region. This ten-year look-back included the announcement that to date, more than $1 billion has been paid in royalties to landowners in Susquehanna and Wyoming Counties and nearly $500,000,000 has been paid out in signing bonuses since Cabot commenced operations in 2006.

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Gentry Class Elites Tell Rural America to Drop Dead

shale gas outrages - Tom Shepstone ReportsTom Shepstone
Shepstone Management Company, Inc.

 

 

Gentry class elites who finance fractivism are dismissive of rural areas and their economic needs, preferring they simply empty out and become wildernesses.

A very perceptive article in Forbes the other day by James Taylor, President of the Spark of Freedom Foundation really hit home with me. Entitled “Anti-Fracking Elitists: Rural America Should Remain Economically Stagnant,” it captured the essence of what’s happening as elitists from a few wealthy families on the coasts attempt to control the future of a rural America in-between. These are the families who fund fractivist causes and, while they claim to love rural America, they couldn’t care less about rural Americans. They’d prefer, in fact, we just leave or drop dead, rhetorically speaking.

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Why Is Pennsylvania DEP Shooting at Gas Pipes?

fracking - Tom ShepstoneTom Shepstone
Natural Gas NOW

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Pennsylvania DEP is engaged in something inexplicably dangerous; effectively shooting at gas pipes with targeted attacks on the gas industry over methane.

There is something very wrong going on at the Pennsylvania Department of Environmental Protection (DEP). The agency is, rhetorically speaking, shooting at gas pipes, threatening to explode an industry that saved the Pennsylvania economy during the last recession.

The issue is methane regulation, a solution looking for a problem, as the Marcellus Shale Coalition properly puts it. Never has government put so much effort into punishing one industry that’s done more than any other to solve a problem. It’s as if the District Attorney has decided to prosecute the Chief of Police for reducing crime and making their jobs less important. Such has always been the nature of Pennsylvania DEP where real problems are ignored in favor of harassing the innocent.

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Public Input Needed to Support the PA Shell Cracker Plant

Natural Gas NOWConnie Mellin
Natural Gas NOW
“PAShaleAdvocate”

 

A public hearing will be held to discuss the conditional use application for the PA Shell Cracker plant, an important new energy infrastructure project.

Energy Citizens and Energy Nation have organized a public hearing to show support for the conditional use application for the new PA Shell Cracker plant.  The PA Shell Cracker plant will use low-cost ethane from the Marcellus and Utica shale to produce polyethylene. Polyethylene is a common plastic primarily used in packaging.

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Pennsylvania’s New Destructive Energy Policies

Gas Exports - GordonTomb Reports Gordon Tomb
Senior Fellow, Commonwealth Foundation for Public Policy Alternatives

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The new energy policies of Pennsylvania include forced renewables that will take billions of dollars to support and destroy the economy and jobs as a by-product.

Government policies that direct the production and use of energy are a disaster for Pennsylvania. They have been a disaster, they are a disaster, and unless something changes, they will be a disaster.
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New Outlet for Marcellus Shale Gas Opens for Business!

John Quigley - Tom Shepstone ReportsTom Shepstone
Shepstone Management Company, Inc.

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Spectra Energy just created a new outlet for Marcellus Shale gas – great news for landowners and producers and a kick in the butt for fractivists.

It didn’t make big headlines, but our buddy Jim Willis picked up on some fantastic news. Marcellus Shale gas now has a new outlet to the Gulf Coast. Spectra Energy has asked FERC for approval to put much of its Texas Eastern Gulf Markets Expansion Project on-line. It’s celebration time for landowners and producers who have been crying for new ways to get Marcellus Shale gas to market. It’s also a sad day for fractivists. This is why they fight so hard against pipelines. It’s why the Heinz Endowments, the William Penn Foundation, the Park Foundation and NRDC gang trust-funders put so much money into funding shill organizations such as the Clean Air Council.

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The Think About Energy Forum

pipeline approvalsDouglas Berkley
Noise Solutions, Technical Sales & Solutions
Publisher: Tri-State Shale Traveler

Come out to the Think About Energy Forum on September 30 and meet, mingle and chat with key industry people in a casual atmosphere.

The Think About Energy Forum, moderated by George Stark of Cabot Oil & Gas Corp, is designed to spark conversation around energy development and use. The forum aims to increase understanding of the production, transportation and utilization of resources and to engage regional stakeholders in conversations about local economic development opportunities.  So often we don’t think about how business in the community benefit from low-cost natural gas, how pipelines can benefit whole regions, etc.

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