OUR THOUGHTS ON:

Energy, Inc. Conference

Energy & Resources

By Theodore Pettko

I attended the Energy, Inc. conference on October 8, 2013 at the David L. Lawrence Convention Center. My how things changed with the natural gas industry! One of the most surprising items was from the protestors. In 2011, there was a street-full of protestors at the Marcellus Shale Coalition’s Shale Conference in Philadelphia. This year’s conference only had one protestor.

What does this mean for the industry? As drilling and fracking become more and more prevalent here in this area in the future, I believe more downstream projects will come alive. A lot of projects have been talked about and discussed, but not much has come to fruition to date. Is the sign of acceptance the green light for the gas infrastructure to come about?

The ultimate prize will be the cracker plant with Shell Oil. Once a firm commitment is made and Shell Oil has substantiated that it will be built, things will start to come together. Western Pennsylvania is positioned for an unprecedented opportunity for a flow of manufacturing from various industries.

© 2013 Schneider Downs. All rights-reserved. All content on this site is property of Schneider Downs unless otherwise noted and should not be used without written permission.

This advice is not intended or written to be used for, and it cannot be used for, the purpose of avoiding any federal tax penalties that may be imposed, or for promoting, marketing or recommending to another person, any tax related matter.

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© 2018 Schneider Downs. All rights-reserved. All content on this site is property of Schneider Downs unless otherwise noted and should not be used without written permission.

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