Overcast
Overcast
30.2 °F
December 18, 2014
River Reporter Facebook pageTRR TwitterRSS Search
news

Environmental groups on gas leases; Did groups prevent drilling in the Upper Delaware Valley?


Bruce Ferguson, of Catskill Citizens for Safe Energy, wrote in an email, “I’d like to think that Catskill Citizens for Safe Energy and the regional organizations played a role, but there were a number of factors, apart from community opposition, that contributed to Hess’ decision. The DRBC still hasn’t promulgated drilling regulations for the Delaware Basin, and a gas glut has driven the price of natural gas below the cost of production. And let’s not forget that this decision was made after a number of test wells had been drilled in the area—I assume Hess found that Wayne County isn’t likely to be profitable—if it were a sweet spot, I bet Hess would still be holding onto its leases.”