Biker Gang Packs Data
Report: Poultry House Construction On Hold Because of Regulations

Bidding War Doubles Price of Gas Drilling Leases

A fierce bidding war has erupted in Pennsylvania over leases for natural gas drilling, more than doubling the price for extraction rights, the newspaper Gant Daily reports.  Over the last four years, more than 650 wells have been dug in a shale formation that extends from the northeast section of Pennsylvania to the southwest corner, as well as into New York, West Virginia and Maryland.  Hundreds more wells are expected across the region.


Feed You can follow this conversation by subscribing to the comment feed for this post.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)