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Pennsylvania News

Decline of Pittsburgh gasoline prices slower in last week

Pittsburgh-area gasoline averaged about $2.37 a gallon this morning, shedding 1 cent in the last week and suggesting an expected decline in pump prices may take longer to arrive in southwestern Pennsylvania. Meanwhile, U.S. prices dropped 5 cents since last Monday and averaged $2.25 per gallon, according to a survey of more than 700 stations in Pittsburgh and seven surrounding ...

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Invenergy: KOZ was not condition of land deal

If all goes as Invenergy plans, its Jessup plant will operate for five years without paying property taxes until 2023, when the latest round of Keystone Opportunity Zones expire. The Keystone Opportunity Zone is a policy tool designed to spur development on land that might otherwise sit empty. They require approvals by all local taxing entities and the state Department ...

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Natural gas companies pounded by low prices

From driving to home heating, consumers are benefiting directly from reduced energy prices, but shareholders of companies involved in producing and delivering liquid fuels are feeling the pinch. In The Times-Tribune survey of publicly traded companies with a significant presence in Northeast Pennsylvania, natural gas and natural gas transportation companies comprised four of the five poorest performers — the laggards. ...

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Editorial: Expand pact to include fair taxation

Pennsylvania, Ohio and West Virginia wisely agreed last week to cooperate in many ways to make the most of the Marcellus and Utica shales gas development. But the agreement signed by Gov. Tom Wolf, West Virginia Gov. Earl Ray Tomblin and Gov. John Kasich of Ohio does not address taxation, a major issue across the gas field. The compact pledges ...

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Pennsylvania panel to examine drilling impacts on poor communities

Pennsylvania’s Office of Environmental Justice, all but moribund during the administration of then-Gov. Tom Corbett, gets new life this week with the appointment of a director and a mandate to review, for the first time, shale gas facilities that could increase the health and environmental risks in poor and minority communities. Whether those expanded reviews will reduce those risks in ...

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Federal Judge shuts down Pa. township’s O&G ban

Looks like a Grant Township in Pennsylvania won’t be able to put the kibosh on oil and gas operations anytime soon. According to a report from Pittsburgh Business Journal, the case stems from a dispute that started last August between Warren-based Pennsylvania General Energy Co. and the Indiana Township. PGE had filed for federal and state permits for an injection ...

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Construction leads modest economic upswing in Pittsburgh region, Fed reports

Contractors enjoyed rising demand for homebuilding and commercial construction in late summer, leading modest overall growth in the region’s economy, the Federal Reserve said Wednesday. Nonresidential contractors in the Fed’s Fourth District, which includes Pittsburgh, were the most optimistic. They reported robust demand for government projects, commercial buildings and apartments, and added employees to keep up with backlogs, according to ...

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Editorial: We know the drill: Plan for worst

New cases of common sense never cease to surprise us. Still, despite the shock at the agreement reached Tuesday at the Tri-State Shale Summit in Morgantown, no one should be in awe, yet. The shared action plan we refer to — signed by Ohio, Pennsylvania and West Virginia — provides for cooperation, rather than competition, among these states to attract ...

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AWEA hosts forum at Penn State Harrisburg

The American Wind Energy Association (AWEA) is hosting a State Wind Energy Forum today at Penn State Harrisburg. According to AWEA’s website, the forum is designed to appeal to landowners, county officials, educators, policy makers, government officials and researchers within Pennsylvania. The event will feature speakers including Pennsylvania Public Utility Commissioner Gladys Brown, Pennsylvania Secretary of Planning and Policy John ...

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Ohio, Pennsylvania, West Virginia likely to get three or four ethane cracker plants to produce ethylenes for plastics

JACKSON TWP. — Ohio, western Pennsylvania and West Virginia are likely to see three or four multi-billion dollar plants built to turn ethane from the Utica Shale into ethylene, a key ingredient for making plastics. That analysis came from Tom Gellrich of TopLine Analytics, a Philadelphia company that closely follows ethane markets, at Tuesday’s Utica Summit III that drew 125 ...

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