Conference News

Read the Latest From The Planning Team, Our Sponsors, and Natural Gas Utilization News

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Brendan Gibbons: "...Enormous gas production driven by horizontal drilling and hydraulic fracturing in the Marcellus Shale in Pennsylvania has turned U.S. gas markets upside down. Now, that seismic shift is spreading to the electric power industry and Northeast Pennsylvania is the epicenter of that change...

...At stake are the future of Northeast Pennsylvania communities targeted for pipeline and power plant projects that will change the region’s landscape and consumers who will see price fluctuations when heat and power compete for natural gas in the nation’s pipelines. Ultimately, Americans’ choice for power generation, the highest-emitting sector of greenhouse gases in the world’s second-highest-emitting economy, will have implications for the global climate...

...Northeast Pennsylvania’s gas prices are regularly the lowest in the U.S., an important factor behind the wave of projects planned for the region. Meanwhile, generators who sell to the region’s wholesale electricity market will also get one of the country’s highest rates for their power...

...Since 2008, the average price of natural gas sold to Pennsylvania electrical plants has been cut more than in half, declining from a high of $10.46 per thousand cubic feet to $5.04 per thousand cubic feet in 2014, according to the U.S. Energy Information Administration...

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