Framing the Dialogue

Posts Tagged ‘mineral rights’

Jumping Jack Flash It’s A Ga$ Ga$ Ga$

Those living in Western Pennsylvania have been the object of a blitzkrieg of advertising about gas.  More specifically a very deep natural gas pocket found in the Marcellus Shale Formation.  Some estimates put the volume of gas in the formation at 500 TRILLION cubic feet which has fostered a great deal of interest in drilling this formation which is concentrated in the West Virginia-Pennsylvania-New York areas.  West Virginia and Pennsylvania seem to have the greatest potential.  Capture of this gas found in very deep geologic formations is not without significant costs and risks to both the drillers and the environment.  I would rather focus on the financial part, but did not want to overlook this issue.

News Briefs – Volume XIV – Upside Down World

News briefs are a collection of interesting news stories and this volume is chock full of stories from an upside down political world…

Brief 1:  The Keystone State (Pennsylvania) has recently announced that they are making changes to their appliance rebate program.  Pennsylvania budget deficit projects are not good so you would expect that a rebate program might be on the chopping block.  Not in Pennsylvania’s upside down world.  It was announced that the rebates are actually INCREASING, some by more than 100%.  In all fairness this is “stimulus” money (federal tax dollars versus state tax dollars).