By Erich Schwartzel-Pittsburgh Post-Gazette Firms gamble on future of drilling; owners risk royaltiesThe amount exploration and production companies pay to the mineral rights owners of a producing well. Pennsylvania state law requires this rate be no less than 12% of the market price per 1000 cubic feet of gas on the day that gas comes out
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By: Javier E. David Pennsylvania – currently famous for Philadelphia cheese steaks, Hershey’s chocolate and ketchup – is in the midst of a transformation that may yet put the state on the map for another American staple: natural gasA naturally occurring mixture of hydrocarbon and non-hydrocarbon gases beneath the earth’s surface – often in association
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When Ken Alexander started working at the J&L steel mill in Aliquippa, Pennsylvania, in the 1970s, he was one of 17,000 workers. But the workforce quickly declined as the American steel industry withered in the face of cheaper foreign competition. In 1984 J&L shut the mill. Four years ago another mill where Mr Alexander had
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by Mark Green Pennsylvania, Ohio and New York. Three states blessed with vast shaleA fine grained sedimentary rock composed mostly of consolidated clay or mud. Shale is the most frequently occurring sedimentary rock. resources, three stories: Pennsylvania The shaleA fine grained sedimentary rock composed mostly of consolidated clay or mud. Shale is the most frequently
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by Mark Green You can’t help but feel empathy for New York state residents, struggling with high unemployment and low economic growth. Ads touting the “new” New York’s open-for-business attitude are airing nationally, trying to encourage new start-ups and to convince enterprises from other states to relocate in the Empire State. Yet, the potential for
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