Chesapeake Opens Training Center in Athens, PA

Chesapeake Energy recently opened it's 7 million dollar Training and Housing Facility in Athens Township. It will provide a convenient housing option for drill rig workers as well as state-of-the-art training for local job seekers. A large number of local contractors benefitted from the construction of the 11 building complex.

Gas Demand Slowly Rising

While demand for natural gas dropped off in 2009, it's slowly making a comeback. This is good news. The EIA is projecting that US consumption will increase 4.5% in 2010 with industrial consumption estimated to be up 7.5%. A continually improving economy will create even more demand, thereby helping to 1) reduce the current glut 2) raise the price of gas and 3) get oil & gas companies moving again. Then, all we'll need are state government officials who understand that, when you're 10 billion dollars in debt, you shouldn't be shutting down a developing new industry that could add a billion dollars a year in tax receipts.