Lewisburg, PA September 4, 2019 — Cabot Oil & Gas Corporation, Energy Transfer and the Greater Susquehanna Valley Chamber of Commerce hosted a Think About Energy Briefing on Wednesday, September 4 at the Country Cupboard in Lewisburg, Pa.
The briefing featured U.S. Congressman Fred Keller (PA-12) and continued the multi-year series conducted across Pennsylvania since 2013.
The Lewisburg session provided information to attendees on the supply and price outlook for natural gas; natural gas infrastructure developments; and natural gas use in the power, transportation, and commercial sectors, among other topics.
George Stark, director of external affairs at Cabot, highlighted Pennsylvania’s strong natural gas production, the importance of infrastructure investments, and the industry’s sustained focus on workforce development.
“Pennsylvania produced more than 6 trillion cubic feet of natural gas in 2018 and is the country’s second highest gas producer,” Stark said. “Businesses are putting this local fuel to work across Pennsylvania, families are enjoying lower energy bills and job opportunities are plentiful.”
“New infrastructure projects like the Atlantic Sunrise Pipeline — and forthcoming projects like the PennEast Pipeline, Leidy South Project and others — will provide affordable natural gas to the regional markets that need it. We’re working hard to continue spreading the environmental and economic benefits that natural gas offers,” Stark said.
Joe McGinn, vice president of public affairs at Energy Transfer, reiterated the widespread benefits of Pennsylvania’s natural gas abundance.
“Thanks to natural gas, we are in the second decade of an energy revolution in Pennsylvania,” McGinn said. “We are proud to be part of an industry that continues to offer family-sustaining jobs and lower energy costs for families, businesses and communities statewide and beyond.”
Joe Lloyd, vice president of operations for Panda Power, discussed trends in the power sector and the growing role of natural gas-fueled electricity.
“Panda Power is excited to be developing state-of-the-art power generation facilities that are taking advantage of Pennsylvania’s abundant natural gas,” Lloyd said. “Just down the road from today’s briefing is our Hummel Station generating station in Shamokin Dam, and just up the road outside Williamsport is our Patriot Power station. These plants, which total nearly 2 gigawatts of clean electric generation, are part of Panda’s growing fleet of reliable gas-fueled electricity.”
Lloyd went on to discuss the environmental benefits of natural gas-fueled electricity.
“American power sector emissions are declining thanks to the increased use of natural gas,” Lloyd said. “Additionally, natural gas is helping advance the integration of renewable energy, such as wind and solar power, into the nation’s electric grid as only a natural gas-fueled power plant can step in quickly enough when renewable energy power plants unexpectedly stop generating electricity.”
U.S. Congressman Fred Keller, member of the House Energy Action Team, closed the session discussing the importance of a diverse energy mix, restraining government from picking winners and losers in the energy sector, and the significance Pennsylvania’s 12th Congressional District plays in maintaining the country’s natural gas supply.
“It’s an honor to represent the hard-working families of Pennsylvania’s 12th Congressional District many of whom work directly or indirectly in the energy field, and in particular the natural gas sector,” Rep. Keller said. “Pennsylvania, and specifically counties here in the 12th District, has been at the forefront of America’s natural gas revolution “ a revolution that has had far-reaching benefits. It’s given America a strong foreign policy tool, fueled our economy, saved family farms, lowered our carbon footprint, spurred manufacturing investments and the list goes on.”
Rep. Keller also highlighted his role on the House Education and the Labor Committee, and the importance of introducing energy, utility and trades careers to young people.
“Pennsylvania has always been an energy pioneer, and thanks to prolific natural gas resources and continuous innovation that’s not changing anytime soon,” Rep. Keller said. “I have seen first-hand the great relationship the energy industry has created with education institutions to satisfy workforce development needs for energy producers and beyond. I will work closely with these companies to ensure these partnerships continue to prosper and create a better future for the families of Pennsylvania’s 12th Congressional District.”
For more on the September 4th Think About Energy Briefing and the briefing series’ history, visit www.thinkaboutbriefing.com.
About Cabot Oil & Gas Corp. (NYSE: COG) – Cabot Oil & Gas Corporation is an independent natural gas producer and a leading developer of the natural gas supply contained in the Marcellus Shale in Pennsylvania. For more information, visit www.cabotog.com.
About Energy Transfer LP (NYSE: ET) – Energy Transfer owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with a strategic footprint in all of the major domestic production basins. ET is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, NGL and refined product transportation and terminalling assets; NGL fractionation; and various acquisition and marketing assets. ET, through its ownership of Energy Transfer Operating, L.P., also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and 28.5 million common units of Sunoco LP (NYSE: SUN), and the general partner interests and 46.1 million common units of USA Compression Partners, LP (NYSE: USAC). For more information, visit the Energy Transfer LP website at www.energytransfer.com.
About the Greater Susquehanna Valley Chamber of Commerce – The Greater Susquehanna Valley Chamber serves nearly 600 member businesses in the Susquehanna Valley’s four-county area of Montour, Northumberland, Snyder and Union counties in Pennsylvania. The Chamber drives community and economic development by engaging members and giving them resources to grow and collaborate. Learn more at https://www.gsvcc.org.