2 Results for tag: shale

Here’s what Shell’s ethane cracker means for Western PA

The oil and gas industry took off in Western Pennsylvania right around 2008. Digging deep into the Marcellus and even deeper into the Utica, operators are biting away at vast layers of shale. Turning the drill bit ever so slightly and kicking out into the lateral, producing natural gas has never been more economic. Now, combine this with hydraulic fractur... More

Emerging Stocks Drop as Oil Sinks Energy Shares; Ringgit Weakens

From Bloomberg News Emerging-market stocks headed for their first decline in five days as energy producers dropped with oil and concern grew over the outlook for the global economy. The Malaysian ringgit paced losses for developing-nation currencies. The MSCI Emerging Markets Index decreased the most in a week, with nearly two shares falling for each ... More