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Still No Movement on Pa. Cracker

More than 15 months after announcement, property yet to be purchased

June 29, 2013

WHEELING — West Virginia and Ohio leaders pointed fingers at each other in March 2012 upon learning that Royal Dutch Shell would take its multibillion-dollar ethane cracker plant to Monaca, Pa....

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Jun-29-13 10:27 AM

The apparent hesitation on the part of Shell to proceed might be motivated by the dawning realization that the shale gas resource is far, far smaller, and far more expensive to produce, than you have been led to believe by your gullible news media's once wholesale rewording and reprinting of Chesapeake, et. al., press releases. Permit applications for drilling and fracking in the Pennsylvania Marcellus region have, according to one PA state natural resources rep, "fallen off a cliff". A huge, and hugely expensive, cracker built in the Pittsburgh region could, rather sooner than later, wind up being a largely idle white elephant, a costly embarrassment as the gas production decline inevitably sets in.

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Jun-29-13 1:40 PM

geo: More likely they are waiting for the supply to pick up following more development of drilling in the OV. By taking the option they are eliminating competition. In the meantime the liquids will be piped away.

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Jun-29-13 1:58 PM

Maybe they are reconsidering buying property that is/was the site of zinc smelting.....

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Jun-29-13 6:50 PM

The need for a cracker is a few year away in the mean time these corporations will play games to get the best tax benefit from any of the three states in the running. A semi=cracker in Cadiz, two semi-cracker in New Martinsville and Moundsville area running or will be running. The gas is there for the process and the amount is only increasing as time and drilling confirms more gas. It like they got land for $50 an acres but now it between $4500 and 6000. I know these corporations are smarter than our local politicians and are playing the game to get preferred laws, preferred tax breaks and preferred treatment from the politicians for campaign contributions..

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Jun-30-13 7:32 AM

nobody cares about this except for the politicians.

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Jun-30-13 7:53 AM

With anti-business climate of the Obama administration via the EPA, would it come as a surprise if they banned fracking tomorrow? Or the next month or the next year?

This administration is a PLAGUE on the energy industry in general.

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Jun-30-13 8:38 AM

Has anyone been paying attention to all of the pipelines being laid throughout this area? No cracker plant will be needed.

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Jun-30-13 9:36 AM

As long as they can pipe the fluids to areas where people will actually work for a day for days wages rather than a couple of hours they aren't going to build it in a highly unionized area.

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Jun-30-13 9:47 AM

the gas will all be piped out to the gulf and the fracking fluid will be left here.why don't they want it also?

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Jun-30-13 9:38 PM

As an example there are just two or three functioning pads in Ohio County now. 50/60 are planed. Ohio County has, arguably, the richest deposit of liquids in its shale in this region.

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