Friday, May 10, 2013

Marcellus Makes Pennsylvania Positively 'Saudi'

Marcellus Makes Pennsylvania Positively 'Saudi'

Javier David, CNBC
Pennsylvania – currently famous for Philadelphia cheese steaks, Hershey's chocolate and ketchup – is in the midst of a transformation that may yet put the state on the map for another American staple: natural gas.The Marcellus Shale, a 600-mile formation brimming with natgas, is wedging itself into the conversation of the U.S. energy boom, to the Keystone State's benefit.Last week, energy giant Chevron announced a plan to purchase 61 acres of land around Pittsburgh – one of several Western Pennsylvania communities targeted for Marcellus ...http://www.cnbc.com/id/100720973

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