Penn State University

Owners of New York City's Empire State Building File For IPO

By Javier E David First was Texas. Next came Pennsylvania and North Dakota. Could New York become the next U.S. shale hotspot? It’s a tantalizing prospect for some, given that the Empire State sits atop not one but two prolific shale formations, the Marcellus and the Utica. According to the most recent data from the… Keep reading →

The Marcellus Shale is living up to its promise.

The biggest portion of the massive Appalachian gas field – that underlying Pennsylvania – produced 895 billion cubic feet of gas in the first half of 2012, more than twice as much as it did a year earlier, and 42 percent more than in the second half of last year. Keep reading →

New York Gov. Andrew Cuomo

A reported plan by New York State government to allow natural gas drilling in a handful of counties may represent an effective lifting of the state’s moratorium on fracking but increases the chances that energy companies will run into local opposition, analysts said. Keep reading →