Helping Clients With Their Energy and Environmental Needs

Read

PA Hotels See Boom Related to Drilling

By Greg Russell

4Hoteliers has an interesting take on the impact of Marcellus drilling in Pennsylvania:  "The 4,374 square-mile region comprising four northeastern Pennsylvania counties—Bradford, Lycoming, Susquehanna and Tioga—experienced a hotel industry RevPAR growth of 37 percent from 2007 to 2010, and grew another 22.2 percent through August of 2011.  That’s not a misprint; rather, this remarkable growth is largely attributable to the exploitation of an old resource through the birth of a new industry: natural gas extraction from the Marcellus Shale."

Read the whole thing.

Tags: Marcellus, Energy, Utica, Shale

Helping clients with their energy and environmental needs

You can expect to find news and breaking legal developments involving the crude oil and natural gas industries, alternative and renewable energy resources, and the latest environmental issues.