We expect the economic benefits from natural gas fracking operations in the Marcellus Shale formation to start paying dividends in PA and OH in terms of spurring economic development in both states.
It also ranked Pennsylvania 6th in the nation in natural gas production.
Longtime gas producers Texas and Louisiana top the list, respectively, but horizontal drilling in the Marcellus Shale formation is propelling traditional coal-mining powers Pennsylvania and West Virginia into the front rank of natural gas powerhouses. We expect this trend to continue, as the price of natural gas hovers at historic lows and the push to reduce greenhouse gas emissions forces major utilities to convert from coal to gas to fuel power plants.
Read more about the rankings here.