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Marcellus Shale in the News-Sept. 10

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Keep on top of the latest news on Marcellus Shale and energy and environmental issues.


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Pittsburgh Post-Gazette: Rendell: No drilling moratorium

Pottstown Mercury: Environmentalists seek funding from Marcellus Shale taxes

Reuters: Rural Pennsylvania town fights big gas

Scranton Times-Tribune: Fish and Boat Commission seeks severance tax funds

Scranton Times-Tribune: Hotel tax exemption concerns local officials

Scranton Times-Tribune: Marcellus Shale production data exceeds expectations

Washington Observer-Reporter: Rendell: Drilling won't be stopped

Wilkes Barre Times Leader: GOP wants overhaul of gas laws

Wilkes Barre Times Leader: DEP looks at drilling as river bubbles up

Wilkes Barre Times Leader: Game Commissioners panel backs severance tax

Williamsport Sun-Gazette: Speakers push benefits of gas severance tax

Gas boom economic engine for company: “When a Texas gas company hired Michael Pascuzzi's earth-moving business to build two water impoundments, he sat down at his desk and cried. The family-owned company had been headed for bankruptcy. ‘We were real close to throwing in the towel,’ said Nicholas Pascuzzi Jr., Michael's father and president of their McDonald-based company, New Dominion Construction. Marcellus shale saved the company, fresh evidence of how the commercial discovery of gas in the deep shale formation boosted the economy of Western Pennsylvania during a national recession.” (Pittsburgh Tribune-Review, 9/8/10)“Lukewarm adjectives like "modest," "conservative" and "slight" were the keywords of the Federal Reserve beige book economic forecast released Wednesday. … The prospect of natural gas reserves -- and lucrative contracts -- in the Marcellus Shale region garnered a shout-out in the report.” (Pittsburgh Post-Gazette, 9/9/10)

 

·         “Atlas Energy Inc. is among those doing some hiring. The natural-gas producer, based in Moon Township, Pa., has added 160 workers this year, bringing its head count to 680. The company recently played host to a jobs fair at a Pittsburgh-area hotel, where a line to register spilled out of a ballroom and into the lobby.” (Wall Street Journal, 9/4/10)

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