Webinar to discuss the economics of hydraulic fracturing

UNIVERSITY PARK, Pa. — Key policy concerns related to hydraulic fracturing will be the topic of a Web-based seminar offered by Penn State Extension.

The presentation, from 1 to 2 p.m. on Tuesday, June 7, will feature Charles Mason, professor of petroleum and natural gas economics with the University of Wyoming.

The widespread use of new extractive technologies, such as hydraulic fracturing and horizontal drilling, has great potential to expand the role of natural gas in energy markets, according to Mason. This increase in natural gas production creates net benefits in the natural gas market and presents an opportunity to curtail the use of coal, and thereby lower greenhouse gas emissions.

"Fracking has engendered a significant increase in natural gas production, which delivers benefits to both consumers and producers, as well as decreases in carbon dioxide emissions," said Mason. "Increased production rates the first year in fracked wells place greater demands on delivery infrastructure. And transparency related to chemical ingredients used in the fracking process can be enhanced to alleviate concerns."

The webinar is free, but registration is necessary. To register, visit the Penn State Extension Natural Gas Events Web page. More information is available on the website or by contacting Carol Loveland at 570-320-4429 or cal24@psu.edu.

Penn State Extension's Marcellus Education Team provides monthly webinars on a variety of topics. Upcoming webinars include the following:

--July 21: "Mobile Pipeline 101," presented by Yves Pollart, of Compass Natural Gas Partners LP, engineering and development.

--Aug. 25: "Upper Green River Basin Disposal Pit Emission Study," presented by Richard Bowers, project engineer with GSI Environmental.

Previous webinars, publications and information also are available on the Penn State Extension natural-gas website, covering a variety of topics, such as Act 13; seismic testing; methane emissions; water use and quality; natural gas liquids regional development; natural gas reserves; gas-leasing considerations for landowners; legal issues surrounding gas development; and the impact of Marcellus gas development on forestland.

Media Contacts: 
Last Updated May 27, 2016