Friday, February 28, 2014

Coal vs gas - Redux

Great read in the February Monthly Labor Review: The Marcellus Shale gas boom in Pennsylvania: employment and wage trends

A punchline for Pennsylvania is that employment in oil and gas related industries is now greater than that of coal industries.  Something readers here might have noted last year in this old post: Coal vs. Gas.

Related is this in the latest of economic impact reports related to an ethane cracker. From West Virginia: Study: Cracker plant means billions in economic impact. What I find odd about the quest for a West Virginia ethane cracker is the recent history that the state lost the Shell ethane cracker to Pennsylvania because the land there was better occupied by a casino.So a mega-cracker is better than nothing, but less valuable than a casino??

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