No commitment from Shell yet, but everytime you see something about them taking steps fwd it is a good sign!
http://www.post-gazette.com/news/transportation/2014/02/12/PennDOT-...
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Very encouraging, thanks for posting the article Doug.
Very encouraging indeed....
Shell has at least committed some money doing their due diligence scoping out the site. Just proposing the transportation improvements has cost them at least some preliminary engineering cost.
IMHO it is a very excellent site and the State has given them some tremendous tax breaks.
Transportation --- road, rail, and river--- all there --- upgrades needed but minor in relation to the scope of the project.
Energy---one of the biggest coal fired plants just down the road plus two nukes-plenty of power.
Location - not a whole lot of residential close by, been and industrial site since forever.
Labor force -- Pgh area labor can likely handle 60-70% of the skilled labor manpower, rest out of towners. Not really a problem.
Ethane supply - I am not smart enough to parse all the numbers but my gut tells there that is not a problem.
Selling the product -- now that gets tricky and I don't pretend to know much about that. Build it and they may come. May turn out to be the deal breaker.
All that said... I am cautiously optimistic that the project will go. Rooting for it -- a boon to the entire region .
Cheers
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