David Spigelmyer, President of the Marcellus Shale Coalition, powerfully testified at the Pennsylvania House State Government Committee hearing on Monday and here’s what he had to say.
Good morning, Chairman Metcalfe, Chairman Bradford and members of the House State Government Committee. Thank you for the opportunity to testify today regarding the significant negative economic ramifications of the moratorium on responsible shale gas development imposed by the Delaware River Basin Commission (DRBC). My name is Dave Spigelmyer, and I serve as President of the Marcellus Shale Coalition (MSC).
The MSC is a state-wide trade association representing nearly 200 energy producing, midstream, transmission and supply chain members who are fully committed to working with local, county, state and federal government officials to facilitate the development of natural gas resources in the Marcellus, Utica and related geologic formations.
Introduction
Responsible development of oil and natural gas from unconventional formations1 presents an unprecedented opportunity to provide sustainable and broad-based economic benefits to our region and the nation. Pennsylvania has become the second largest producer of natural gas in the United States, with over 8,000 producing unconventional wells amounting to 5.36 trillion cubic feet in 20172. Pennsylvania is responsible for almost 20% of the country’s total natural gas production and at least 33 of Pennsylvania’s 67 counties have at least one producing unconventional gas well. Citizens of the Commonwealth have realized significant economic benefits from this development, including:
Over 100,000 Pennsylvanians directly and indirectly working in industry-related jobs, supporting hundreds of thousands of their family members.
Read more:
http://naturalgasnow.org/marcellus-shale-coalition-drbc-squandered-opportunity/
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