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Marcellus: Natural Gas Giant of the East (new technology, new life for 19th century energy fields)

By Fred Lawrence -- May 15, 2014

“According to a recent ICF study, the Northeast will host more than one-fourth of all U.S. capacity expansions for natural gas pipeline investment through 2020 and about a third of NGL pipeline capacity. According to the study, the Marcellus, all told, is projected to stimulate nearly $70 billion in investments in natural-gas and NGL-related infrastructure through 2035.”

Pennsylvania was the birthplace of the oil and natural gas industry in the 1800s. A century and a half later, the Marcellus shale play has once again put Pennsylvania and West Virginia in the energy headlines.

This time the focus is on natural gas more than oil–and with wells that are at least one hundred times deeper than the first oil well drilled in 1859. The rapid growth in supplies in an area exceptionally close to major demand markets has been a benefit to regional economic growth and has helped reduce U.S.…