Ohio, Pennsylvania and West Virginia agree to Promote Shale Plays

The three leading oil and gas producing states in the Appalachian Basin singed a three-year cooperative agreement to promote the Marcellus and Utica shale plays and generate economic opportunities. The states met at the Tri-State Shale Summit in Morgantown on Oct 13th. The MOU says, "The participants recognize that in order to truly prosper from these vast resources, the tri-state region should, in an environmentally sound manner, support all streams of the development process with a particular focus on adding value to the natural gas and natural gas liquids located in the Appalachian Basin within the region."