Weakened natural gas prices – following a massive run-up last summer – intersected with rising interest rates to ease inflation that had only a few months ago reached a 40-year high. Further New York Mercantile Exchange gas futures price drops early this year, owing in part to relatively benign winter weather across most of January,…
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No Immunity in Appalachia; Oil and Gas Jobs Falling Off
While steep job cuts in the oilfields of Texas and North Dakota have been hard to miss in recent months, the Appalachian Basin has not escaped the trend, with the region’s workforce being trimmed and a less visible retrenchment still evident.
No Immunity in Appalachia; Oil and Gas Jobs Falling Off
While steep job cuts in the oilfields of Texas and North Dakota have been hard to miss in recent months, the Appalachian Basin has not escaped the trend…
Report: Shale Brings Opportunities, Challenges to Pennsylvania
Pennsylvania is growing more slowly than the rest of the nation, but the expansion of Marcellus Shale natural gas operations will provide significant opportunities to the state in coming years, according to a report issued by the Pennsylvania Department of Community and Economic Development (DCED).