at the Citizen Power Alliance 2010 Wind Conference
Hydrofracking In Steuben County: Not As Big As Hoped
|Some Steuben County residents had put a lot of hope into hydrofracking making big money for them, and numerous permits have been filed for Marcellus Shale drilling in the Steuben County towns of Lindley and Tuscarora. Permits have also been filed in Bath, Cameron, Jasper and other towns too.|
However, according to one top local official, the price of gas is affecting the chances for a lot of hydrofracking in Steuben County. Hornell Industrial Development Agency Director Jim Griffin says he's been told by sources that the price of gas being at $2.00, that's affecting the chances drilling in Steuben County. "It's not economically feasible to drill and recover marcellus shale gas at $2.00," Griffin has been told.
Griffin also informs WLEA/WCKR News that it could be two to 10 years before hydrofracking becomes the money maker many hoped it would be in Steuben County.
posted by CITIZEN POWER ALLIANCE at 6:11 AM - permanent link
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