A Son of Liberty
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- Joined
- Feb 26, 2010
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Also infrastructure is behind production. Pipeline companies are aggressively leasing and building pipeline in my area.
ROW’s are going from $15-25 per foot for 20” lines to $100+.
Oh and Shell has committed to a huge cracker plant in Southwest Pennsylvania.
Edited to add I am no expert by any means. But it is my understanding the earthquakes have more to do with injection wells for disposal of waste (fracking water) then the process of fracking itself.
Yes sir! The Shell ethane cracker is online or will be very soon, in Monaca, PA, just north of Pittsburgh. There is another cracker under construction in Belmont, OH, on the Ohio river, and another one planned in WV, I believe. These plants are very good news for the prospects of the northeast - they'll be providing the feed stock for manufacturers of PE, HDPE, etc. In a few years, we should be seeing those facilities locating to this area, generating thousands of good paying blue collar and white collar jobs.