Hydrofracking in Pennsylvania and West Virginia has made the Marcellus Shale the nation’s most productive gas field, according to a new report.
The Associated Press reports that Bentek, a Colorado company that analyzes energy trends, said 2013 production in Pennsylvania and West Virginia is up about 50 percent compared with last year. Figures for the pipelines that take gas out of the Marcellus show that in the first six months of the year, Pennsylvania produced about 1.5 trillion cubic feet of gas, with projections for a year-end total of about 3.2 trillion cubic feet.
That yearly number translates into the equivalent of about 550 million barrels of oil.
New York has delayed making a decision on hydrofracking for five years while the Department of Environmental Conservation studies the issue.
Kathryn Klaber, CEO of the Marcellus Shale Coalition, said in an email that the industry group expects “that activity will remain robust” since the necessary infrastructure is increasingly in place to process and move natural gas to market.”
The Business Council of New York State supports the approval of hydraulic fracturing that would boost New York’s economy and bring much needed jobs to upstate New York.
An op-ed in today’s New York Post from James Panero, managing editor of The New Criterion, encompasses why New York needs to move forward with natural gas development. The piece illustrates how “The Shale Revolution” has successfully promoted economic development, especially in rural areas, by creating jobs and increasing energy savings ─ all factors that have a ripple effect in creating a stronger economy.
Panero highlights how environmentalists have gone overboard in painting hydrofracking “as destructive and dangerous — rather than what it is: a safe, tested means of extracting a clean, local, naturally abundant resource.”
Although many celebrities have jumped on the bandwagon to promote this message, there are few, if any, facts that support their position. The facts show that the Marcellus story is a positive one.
The Business Council of New York State supports natural gas development in New York. The economic opportunities and potential jobs created by natural gas development would bring a lasting positive impact to the region and the state.
Monday’s webinar by Empire Energy Forum on HYDRAULIC FRACTURING AND WATER SAFETY, it is now available online.
Tim Eriksen, a Pennsylvania licensed professional geologist and manager of the Moody & Associates office in Waverly, NY, outlines what Pennsylvania has experienced since approving hydraulic fracturing. He also covers what is being done to protect ground and surface water and delves into what New York would need to do when it moves forward with hydraulic fracturing.
Click here for the webinar recording. Slides are also available here.
Diana Furchtgott-Roth, senior fellow at the Manhattan Institute, recently posted an op-ed that gets to the core of an indisputable truth: that the continuing ban on hydrofracturing in New York is hampering economic growth in New York. The Business Council supports safe and responsible natural gas development in the state. Furchtgott-Roth agrees, and backs up her support with strong economic date.
Click here to read her opinion piece.
In a letter to the Albany Times Union, Syracuse University’s Donald Siegel, professor of hydrogeology, calls on the the newspaper and New York State to not ignore the fact that 29 other states safely allow drilling for natural gas and that advocating for halting natural gas development in New York State is a means of “obstruction that political opponents use against fossil fuel development in general.”
He calls on New York State to work with scientists and the industry to pursue the technology safely in our state. Read the full letter on the Albany Times Union website.
The Business Council supports legislation to amend the environmental conservation law to allow for the transportation and storage of Liquefied Natural Gas (LNG). LNG, is the same natural gas used in homes for heating and cooling but it is condensed into a liquid. Small Business Day on April 17th is your opportunity to show support for this issue.
A.4202 (Camara)/S.119A (Maziarz)
Memo of Support
The Hill: Liquefied natural gas: Transforming US into global energy hub
Forbes: All Roads Lead to Natural Gas-Fueled Cars and Trucks
To register for Small Business Day contact Erin DeSantis Assistant State Director at NFIB for more information. 877.434.1262 or email Erin.DeSantis@NFIB.ORG.
We go to Pittsburgh for this story about a new initiative that sets standards for drilling. What’s interesting is who was involved in the negotiations; “odd bedfellows,” reported Erich Schwartzel and Don Hopey of the Pittsburgh Post-Gazette. Perhaps New York, which has been “studying” natural gas development for four years, could learn something.
Click here to read more.
Jon Campbell, a Gannett reporter, has kept a close eye on the debate over natural gas development in New York. In his latest report, he summarizes the 4 1/2 year wait for a decision on hydrofracking. As he writes, there’s been “lots of talk, little movement.”
Click here to read his interesting report.
Reuters have come out with a report that says Jerry Brown, governor of California and a noted environmentalist, is recommending that his state consider hydrofracking to take advantage of its shale reserves. Of course, New York has been looking at the issue for four years now. The Business Council supports environmentally safe natural gas development in the state.
Click here to read the Reuter report on Jerry Brown.
State Senate Democrats and Republicans are claiming that Governor. Cuomo helped members of the Independent Democratic Conference draft a bill delaying a decision on hydraulic fracturing gas drilling through his re-election next year. That’s according to an exclusive New York Post report by columnist Fred Dicker.
Click here to read.