Wednesday, April 16, 2014
Inquirer Daily News

Can Marcellus gas fuel Philly-area industrial revival?

Read the full report here

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.

Joseph N. DiStefano
About this blog

PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
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