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Is nuclear energy central Pennsylvania’s saving grace?
Closures have negative ramifications on more than just energy availabilityPennsylvania’s nuclear energy future is in a state of flux. With the Three Mile Island Nuclear plant closing this fall and concerns the Beaver Valley nuclear plant in western Pennsylvania is next, industry trade groups and local politicians are calling for an intervention. They view nuclear power as an important part of the state’s future energy portfolio alongside natural gas, […]

The “Shale Survivors”
Marcellus Business Central’s Best in PlayThe “Oil Bust of 2014” took a heavy toll on the gas industry — 69 oil and gas producers with $34.3 billion in cumulative secured and unsecured debt went under. After share prices peaked in 2014, the oil bust wiped out about $1 trillion in equity, causing the Dow Jones U.S. Oil & Gas Index to fall by 40%. The […]

Who’s Who in Marcellus
Christine Toretti: A Wonder Woman for the modern ageChristine Toretti may not be replacing Gal Gadot in the next Wonder Woman movie, but she has all the characteristics needed to fill the iconic role: fearlessness, strength, perseverance, confidence, power and compassion. In 1990, after her father committed suicide, Toretti succeeded him as chairperson and CEO of S.W. Jack Drilling Company, the largest privately held, land- based oil and […]

The Future of Automobiles: It’s Electrifying!
Automakers want you to get excited about electric vehicles, but are EVs ready to go mainstream?Maybe you’ve seen the “JetStones” TV commercial that uses the Flintstone’s and the Jetsons’ theme songs to contrast two drivers stopped at a traffic light — one in a dull “prehistoric” gasoline compact and the other in a shiny new Chevy Bolt EV. The narrator says, “With instant acceleration, electric cars are more fun to drive and more affordable than […]

The New Penn State Solar Energy Project
Sponsors believe solar array can be a model for like-minded businessesLast summer, the Penn State University Office of Physical Plant began site work on a 2-megawatt advanced utility-scale solar photovoltaic system near the University Park campus. Once completed, the solar array will provide 2,500 megawatt hours of clean, reliable and affordable solar-generated energy amounting to 1% of the campus’ electricity needs. But the concept for the Penn State Orchard Road […]

Solar power brings new opportunities to central Pennsylvania
Energy provides the driving force behind Pennsylvania’s economyPennsylvania was home to the first U.S. commercial oil well, and thanks to the state’s abundance of natural resources like coal, oil and natural gas, energy and electricity have stimulated economic activity and created jobs across the state for generations. However, fossil fuels are not the only energy commodities found in the Commonwealth. Wind and Solar on the Rise Solar […]

Gas prices drive summer travel
Central Pennsylvania prices remain near or slightly above the state averageThe season of global travel, beach vacations and road trips is here, and central Pennsylvania residents in the Marcellus Shale region are checking gasoline prices, traffic conditions and weather forecasts before hitting the road. “Everyone is taking advantage of relatively lower gas prices, taking advantage of the nice economy and extra spending money in their pocket, and kicking the summer […]
FOR THE RECORD
MORTGAGES L=LENDER BEDFORD Mark A. Clapper Farm Service Agency $536,820.31 David E. Diehl 1st Peoples Comm. Fed. CU $41,000.00 Joy A. Carnicella Rural Housing Service $127,000.00 Nathaniel J. Gingerich BB & T Bank $74,000.00 William L. Leydig Quicken Loans, Inc. $60,000.00 Kimberly J. McDevitt M & T Bank $25,000.00 Steven E. Long Fulton Bank $500,000.00 Steven E. Long Gary L. […]