Tuesday, September 30, 2008

DEP Secretary: Marcellus Shale Holds Tremendous Opportunity

Environmental Protection Acting Secretary John Hanger told a state House panel today that the department is working to maximize the opportunities citizens, communities and companies can realize through the development of the natural gas contained in the Marcellus Shale formation, while also protecting Pennsylvania’s natural resources.
“There is no question that the Marcellus Shale holds tremendous economic potential for Pennsylvania’s families and its communities,” Hanger told the House Environmental Resources and Energy Committee as he explained how DEP is responding to increased drilling activity in the 5,000- to 8,000-foot-deep geologic formation. “This exciting potential also brings with it the need to act responsibly and ensure that Pennsylvania’s valuable natural resources are not sacrificed in the process.”
The Marcellus Shale formation is estimated to hold as much as 50 trillion cubic feet of recoverable natural gas under Pennsylvania, New York and West Virginia. (click here for more)

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