Can Marcellus gas fuel Philly-area industrial revival?

"The best hope for Sunoco's idled Marcus Hook refinery site is for it to be reborn as a multipurpose energy-processing facility, fueled by the growing output of natural gas from the Marcellus Shale drilling boom," according to a $100,000 Delaware County Industrial Development Authority-funded report by consultant IHS Global insight, writes my colleague Andrew Maykuth here.

Read the full 122-page report by IHS's Brendan O'Neil, Joseph Waldo and colleagues here. IHS is a Massachusetts-based economic forecasting company whose Essington, Delaware County office is negotiating a move to Center City Philadelphia.

UPDATE: IDA says the report was funded by "cash reserves" financed by agency fees, and not by taxes, as reported in an earlier edition of this item.

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