Saturday, October 20, 2012

Pennsylvania Gold

Unexpected abundance:
Two independent financial firms say the Marcellus isn't just the biggest natural gas field in the country — it's the cheapest place for energy companies to drill.

One of the reports adds that the Marcellus reserves that lie below parts of Pennsylvania, West Virginia, Ohio and New York are far larger than recent government estimates, while another said the powerful combination of resource, cost and location is altering natural gas prices and market trends across the nation.

The Marcellus could contain "almost half of the current proven natural gas reserves in the U.S," a report from Standard & Poor's issued this week said.
It really does seem to be an enormous resource on our own soil-which makes it all the more imperative to keep it out of the hands of Obama's EPA...

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