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Annual Pa. Natural Gas Impact Tax Revenues Top $164 Million

Marcellus Shale Coalition

The sector supports over 120,000 family-sustaining jobs, with average wages approaching $100,000 – more than double the state median. Households and businesses that use natural gas across the Commonwealth saved nearly $10 billion last year compared to 2008 prices, an MSC analysis of Pa. PUC data shows.

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Pa.’s First-in-Nation Gas Impact Tax Pumps Millions into Local Communities

Marcellus Shale Coalition

The sector supports over 120,000 family-sustaining jobs, with average wages approaching $100,000 – more than double the state median. In 2022, the industry contributed more than $6 billion in local, state and federal tax revenues, according to a Marcellus Shale Coalition economic impact study.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

As the world shifts toward a more sustainable future, addressing carbon emissions remains a top priority. 2),” Eurostat, accessed June 2024; “Employment by sex, age, and detailed economic activity (from 2008 onwards, NACE Rev.2 “Gross value added and income by detailed industry (NACE Rev.2),” 3 Assuming a 4.3 percent in 2050.

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Productivity at the core: How COOs deliver strategy

McKinsey

Since the 2008 global financial crisis, global productivity growth has largely declined around the world. Indeed, McKinsey Global Institute research projects that if advanced economies can regain their pre-2008 productivity growth rates, GDP per capita could increase by $1,500 to $8,000 by 2030. percent between 2002 and 2007.

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Record production at Exxon and Chevron humbles European rivals: Bousso

Oil & Gas 360º

The company plans to start up around five upstream projects by 2027, but it has relatively limited reserves to sustain and grow its production over the long-term, meaning it will likely seek to acquire assets or another company. Exxon’s price-to-cash flow ratio, a key valuation metric, of 8.2 compares with Chevron’s 7.7, TotalEnergies’ 4.6

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Energy Market Assessment: Needing more oil & natural gas, and a drilling boom

Oil & Gas 360º

million level reached with the recovery out of The Coronavirus Recession dictated (bold dot and bold line), it is an economic growth level sustained since April. The level sustained and it 2.347 million (43.5%) greater than the number hired (Figure 2) confirms employers seeing much to be done are seeking employees. Dept of Labor) U.S.

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5th Circuit Stands Firm on Application of OCSLA

The Energy Law

2008) The 5th Circuit reversed a Louisiana District Court decision that held a platform worker’s injuries, sustained while being transported from platform to platform by vessel, were subject to the Louisiana Oilfield Anti-Indemnity Act through the Outer Continental Shelf Lands Act (OCSLA). by John Almy. Grand Isle Shipyard Inc.