New Report Says Benefits of Marcellus and Utica Shale Boom Are Huge for Consumers
From the Akron Beacon Journal:
The Utica and Marcellus shales are poised to produce significant volumes of natural gas that can benefit utilities and manufacturers in the Midwest and the Northeast, according to a new report.
Bentek Energy, the Colorado-based energy market analytics company, says continued development of Utica and Marcellus natural gas and a rapidly growing infrastructure to transport the gas will result in “substantial opportunity” for natural gas users in Ohio, Pennsylvania and the Northeast United States, said spokesman Justin Carlson. He added that more than 16 billion cubic feet per day of pipeline capacity is under construction or planned in the two states.
The two shales are capable of producing enough natural gas to power electric-producing power plants now fueled with coal and other large customers, he told 250 people on Tuesday at the Think About Energy Summit sponsored by America’s Natural Gas Alliance, a national trade group.