Friday, February 6, 2015

Consultant:Pipeline promises rewards for Pa. economy

Looking south to the Marcus Hook Industrial Complex, a location poised for growth

Consultants often deliver reports that lean toward what their client wants to hear. But even after factoring for possible puffery, Sunoco Logistics Inc. had to be thrilled with these findings.
Kathleen Carey reports in the  Delaware County Daily Times:
"A consultant hired by Sunoco Logistics Inc. to evaluate the economic impact business related to the extraction of gas from the Marcellus Shale says the company’s investment could result in a $4.2 billion infusion into Pennsylvania’s economy.
"It also would create 300 to 400 permanent jobs across the state and support more than 30,000 jobs during construction of the terminal facility in Marcus Hook and the Mariner East pipeline.
"Sunoco Logistics hired Philadelphia-based Econsult Solutions Inc. to study the fiscal impact of the Mariner East projects, which are part of the company’s plans to invest about $3 billion to move natural gas liquids from western Pennsylvania, West Virginia and eastern Ohio to the Marcus Hook Industrial Complex."
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