New York and other northeastern states benefit from Marcellus development
Sunday, September 27, 2015
New York may have banned fracking, but the Empire State is reaping the benefits of drilling in Pennsylvania.
Marcellus Shale development across Pennsylvania is impacting the power prices in New York state, according to NorthCentral PA. New York is upping its energy intake due to the lower prices. More power plants are transitioning to natural gas to save money and improve environmental impacts.
Besides New York, New Jersey and Rhode Island are also benefitting from Marcellus Shale development. In those states, energy prices are expected to drop while production increases.
Via: NorthCentral PA > Thanks to Shale, Northeast States — including New York — See Energy Prices Plummet
Leave a Comment
Marcellus & Utica Shale Well Map
Additional Shale Maps
Shale FAQ
What are mineral rights?
Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
Will I get free natural gas if I allow fracking on my property?
Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.