Wednesday, March 10, 2010

Marcellus shale deposit: Buried treasure, hidden costs for PA

March 10, 2010- Parts of the Poconos sit atop a massive natural gas deposit that could bring prosperity to northeastern Pennsylvania. That includes jobs, long-term income for some property owners and a new, domestic energy supply. But concerns over environmental destruction have made developing these deposits controversial.

New technology now makes these fields viable, and exploration and drilling, close to home, has begun.
The pros? A new energy source. Jobs. Licensing and royalties to landowners for the rights to explore and extract on their property.
The cons? Environmental contamination and destruction. Few will benefit directly, while many will have to live with the impact on the environment.


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