We have entered June and the time for action on a finalized state budget is kicking into high gear. There are several major policy pieces on the table and they are all somewhat linked into a massive budget agreement. We at Cabot are stepping up our efforts to provide you…
Thanks to the development of shale oil and gas, each U.S. household is projected to save an average of $2,000 this year alone in reduced energy and transportation costs. Click the video below to learn more: PGlmcmFtZSBzcmM9Imh0dHBzOi8vd3d3LnlvdXR1YmUuY29tL2VtYmVkL2NvSjZlUkhMSjFVP3JlbD0wIiB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM2MCIgZnJhbWVib3JkZXI9IjAiIGFsbG93ZnVsbHNjcmVlbj0iYWxsb3dmdWxsc2NyZWVuIj48L2lmcmFtZT4=
This morning, Pennsylvania Governor Tom Wolf unveiled his plan for a new budget which includes a 5% severance tax on the value of natural gas produced at the wellhead plus 4.7 cents per thousand cubic feet. What this equates to is far more than the much-discussed “5% Severance Tax” will…
There has been a great deal of conversation concerning the Marcellus Shale and how development less than an hour north of the Scranton / Wilkes-Barre region is changing the impact of energy on a global scale. Even more impressive is the impact this same development is having on our local economy. Affordable energy leaves more disposable income for families and area businesses. And…
The folks in the natural gas industry, and specifically at Cabot, are not prone to sitting back and smelling the roses. We understand that our hard work and dedication is evident in all that we do developing the natural resources under our feet and working closely with our communities. But,…
As the oil and gas industry was expanding in the northeastern Pennsylvania area starting in 2007, it quickly became clear that while this region had experienced economic growth thanks to coal in some parts, its experience and involvement with natural gas exploration was less robust. An understanding of any industry…