Anya Litvak Reporter- Pittsburgh Business Times While the rest of us are biting our fingernails waiting for June 30 to exhale on the Shell cracker will they or won’t they saga, Gov. Tom Corbett said he’s not expecting a decision until 2014. I never had June as a date, Corbett told the Pittsburgh Business Times on
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Shell and Williams Partners have announced a midstream joint venture to serve natural gasA naturally occurring mixture of hydrocarbon and non-hydrocarbon gases beneath the earth’s surface – often in association with petroleum. production companies in the Marcellus and Utica shales and build a system that would connect to the proposed ethane crackerStream cracking plant in
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Gov. Tom Corbett signed a no-tax-hike state budget—with a tax incentive for ethane-processing facilities—into law minutes before the fiscal year expired. The final $27.66 billion budget package includes a tax incentive aimed at luring a Shell Oil Co. plant to Beaver County. A nickel-per-gallon tax credit would be offered to companies beginning in 2017 for
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Even with Pennsylvania Governor Tom Corbett and his administration’s support for a cracker plant in Beaver County, Shell executives say their final decision may be 18 to 24 months away. Shell has already been working for more than a year on plans to build the Western Pennsylvania facility that would convert ethane extracted from Marcellus ShaleA
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Pennsylvania Governor Tom Corbett is proposing tens of millions of dollars-worth of tax credits for a “cracker” plant planned by Shell Oil Co. in Beaver County, Pennsylvania. Over the course of a 25 year plan, the tax credits would total about $1.7 billion, or around $67 million per year. This would capitalize on the ongoing
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