Shepstone Management Company, Inc.
Natural Gas NOW readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added.
The things that happened in Susquehanna County this week told us exactly how Food & Water operates, by using local shills to pursue a radical environmental and political agenda. They’re still doing it in New York City as they fight the Northeast Supply Enhancement (NESE) supply project:
A coalition of groups made up Food & Water Watch – New York, New York Communities for Change, 350 Brooklyn, Sane Energy Project, Surfrider and more formed to prevent the NESE pipeline from happening. Patrick Houston, Sara Gronim, Eric Weltman and Lee Ziesche are some of the people at the helm of this campaign to prevent the NESE construction.
These organizations are all fractivist tools funded by Park, Rockefeller and gentry class oligarchs; from Food & Water Watch, to 350, to Sane Energy, to Lee Ziesche (“grassroots coordinator” for Gasland). Now, they want to cutoff gas to New York City, but, of course, that won’t include the apartments of Yoko Ono or Fractivist Rasputin Jay Halfon that already served by natural gas.
A great article in the Washington Examiner extols the benefits of Shell’s new cracker plant and also reveals how much Tom Wolf likes natural gas development; outside the DRBC region, that is.
Economic “game changer” is not a phrase often used in Appalachia and rarely a phrase proclaimed in unison by politicians from both parties at the same time on any subject. Yet since 2016, when Shell Chemical announced it was building a $6 billion ethane cracker plant here, an economic revolution began that is far from reaching its potential…
The project has already created 1,000 new jobs and is expected to top out at 6,000 during the construction and preparation phases over the next decade before the plant is fully operational. The plant itself is expected to employ more than 600 people permanently, a mix of labor, engineers, and chemists, with Shell analysts predicting it will provide work for two to three times that number in its supply chain…
[N]ew production methods, such as hydraulic fracking and horizontal drilling, have changed the regional energy picture and now allow extraction of vast amounts of natural gas from the region’s shale formations…
Central High School in Waynesburg, Pa., just south of here in Greene County, has developed a student certification curriculum in the shale industry that has high school seniors walking off stage in their graduation gowns and into jobs paying salaries that can start at $70,000 a year…
In an interview with the Washington Examiner, Pennsylvania Gov. Tom Wolf, a Democrat… emphasized how distribution costs can hit hiring and raise consumer prices. An Appalachian ethane hub would lower these costs for businesses across the Mid-Atlantic and Great Lakes regions, spurring further economic growth…
“All the stuff that has that high level of plastic is made in Texas, because that’s where the gas has been, so we would have to ship it all the way across the United States,” Wolf told the Washington Examiner.
“Pennsylvania is a central place to distribute in that rich market from Maine to Florida, including the province of Ontario, because in eight hours, you can reach Maine, Ontario, and really, the North Carolina-Virginia border. And with a couple extra hours, you can get down to places like the Carolinas and Georgia and Florida,” he said.
“If we now have this natural resource in Pennsylvania, Ohio, and West Virginia, that three-state area is the only place in the world where you have the natural resource in abundance, right in the middle of the richest market in the world,” Wolf explained. “The other places, if you put it at, like Texas, Louisiana, they’re great natural resources, but that’s not where the market is. Alberta, you know, rich in natural resources, that’s not where the market is. Saudi Arabia, rich in natural resources, not much of a market.”
Wolf predicts that all three states will benefit from the hub, with workers hopping across state lines and sending money back to their states, families, school districts, and communities. “And it won’t be long before you start to see all kinds of manufacturing spread up around things like the cracker plant.”
Wolf is correct about the cracker plant, of course, but when he says “all three states will benefit” he just happens to ignore the northeastern corner of his own sate where he imagines we’re somehow to important to New York as a recreation area to be allowed to develop our natural gas resources. Funny how Wolf loves gas everywhere but here, isn’t it? What accounts for putting New York interests above Pennsylvania’s in our case?
CBS News brings wonderful news:
Mining is projected to expand by nearly 7 percent this year, thanks to heavy spending on production, such as oil rigs and machine equipment. While that growth is far below the 18 percent expansion the category saw in 2018, it outpaces the growth forecasts for every other industry, including the information sector…
Fracking technology has made previously untapped reserves of shale oil in the U.S. both accessible and profitable to produce, and helped the U.S. surpass Russia in natural gas production in 2009. America took the top spot in oil production in the middle of last year, according to the U.S. Energy Information Administration.
As a rising tide lifts all boats, a strong oil and natural gas industry similarly supports growth across a variety of sectors. It bolsters the production of resins and rubbers in the chemicals sector, which is the fourth-fastest growing industry, according to Oxford Economics, while pipeline production helps the transportation industry…
Here are the top 10 fastest-growing industries from Oxford Economics and its projections for their 2019 growth rates:
Extraction — 6.5 percent
Information — 5.6 percent
Services for administrative support and waste management — 4.5 percent
Chemicals and pharma — 4.2 percent
Arts, entertainment and recreation — 3.8 percent
Electronics and high tech — 3.5 percent
Basic metals — 3.4 percent
Transportation and warehousing — 3.4 percent
Education — 3.2 percent
Professional, scientific and technical services — 3.2 percent
Enough said. Natural gas and oil development made possible by fracking are driving economic growth, at twice the rate of arts, entertainment and recreation fro which come most of fracking’s opponents. And, extraction is just the foundation as the Shell cracker story above shows.
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