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Co Tenancy Agenda v2

It takes only a few numbers for Doddridge County Assessor David Sponaugle to see what the natural gas industry has done for the tax base there.

In 2010, the total assessed valuation for Doddridge County – land, buildings, minerals, vehicles and all else – was $457,530,911, Sponaugle said. In 2017, it’s $1,386,157,147. That’s more than three times what it was seven years ago.

Alex Wiederspiel/WVMetroNews

By Alex Wiederspiel in News | August 29, 2017 at 5:45PM

CANONSBURG, Pa. — West Virginia University’s Energy Institute, along with assorted partners, presented it’s first findings to the public Tuesday to showcase the region’s ability to attract and support the petrochemical industry through the use of gas storage hubs.

Doug Patchen, the director of WVU Appalachian Oil and Natural Gas Consortium, said the study shows a bright potential future in the ability of West Virginia, Pennsylvania, and Ohio to support the petrochemical industry.

“There are some areas of small liquid storage in upstate New York and down in a couple places in the Appalachian Basin, but nothing of this scale,” Patchen said.

We thank Sens. Shelley Moore Capito and Joe Manchin, who worked to help ensure a vote would be taken to confirm Neil Chatterjee and Robert Powelson to the Federal Energy Regulatory Commission before the U.S. Senate adjourned for the August recess.

For states like West Virginia, the vote to confirm the FERC nominees and restore a quorum at the agency was a critical action necessary for the completion of more than a dozen pending energy infrastructure projects across the nation, including the Atlantic Coast Pipeline in West Virginia.

John Miller - Executive Editor

It’s no secret that the Marcellus and Utica Shale gas fields that lie under Pennsylvania, Eastern Ohio and Northern West Virginia have the potential to be an economic game-changer in terms of a source of cheap, clean energy and a catalyst for the rebirth of America’s manufacturing base.

Certainly with five planned interstate pipelines crossing our state in order to get the gas to market — Virginia, North Carolina and South Carolina, as well as off-shoring facilities in Maryland — we have a vested interest in the development of this natural resource.

With coal having a somewhat limited long-term future as a base load for power generation and natural gas having surpassed coal as the largest source of electricity in the nation last year, the future is indeed bright.

However, if we are not careful, West Virginia could miss out on the opportunities to maximize the full economic impact that a 100-year supply of natural gas provides.

Unfortunately, West Virginia has already lost out to both Western Pennsylvania and Eastern Ohio on landing the much-desired cracker facilities that break out the ethylene that serves as the base stock for the plastics, chemical and various manufacturing industries.

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Lewis Co. EDA Director Cindy Whetsell: “At the most local levels, the Atlantic Coast Pipeline is good business for… https://t.co/1ZCTGMlTKH

RT @AnteroResources: More than $1B has been paid to West Virginia's local communities in taxes and more than 70,000 jobs have been created.…

RT @AnteroResources: Thanks to local natural gas producers like Antero, West Virginians reap the benefits of steady production. https://t.c

Encouraging and mentoring women in the oil/gas industry is the goal of WVONGA’s 5th Annual Embracing Energy Confere… https://t.co/U29iJlIXRF