Marcellus shale conference in Pittsburgh
The seventh annual Shale Insight Conference opens Wednesday in Pittsburgh at a time of increasing attention on Pennsylvania's role in the Marcellus shale natural gas boom.
“Over the past decade, development of the Marcellus shale formation has catapulted Pennsylvania to become the second-largest producer of natural gas in the United States, trailing only Texas,” researcher Daniel Raimi said in an August blog post for the think tank Resources for the Future.
“Driven by the Marcellus and Utica shale plays, Appalachia will easily be the largest supplier of new natural gas in the U.S.,” Jude Clemente wrote for Forbes in June. “In fact, Pennsylvania, West Virginia and Ohio are the basis of the 700 trillion cubic feet of gas that our nation can produce when prices are $3 per MMBtu (million British thermal units) or less.”
Industry leaders will converge on the David L. Lawrence Convention Center, downtown, for the two-day conference to assess the status and future of natural gas in Ohio, Pennsylvania and West Virginia.
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