Consol Energy

How Low Gas Prices Affect Consumers And The Natural Gas Industry

Jul 31, 2015
Gerry Dincher / flickr

With the local economy relying more and more on the gas and coal industry, the news that Consol Energy posted a loss for the past quarter and outlined spending cuts for the next year-and-a-half can't be good. As the price for natural gas continues to slide, what does it mean for us? We talked with Pittsburgh Tribune-Review staff writer David Conti.

Retired coal miners will gather around Consol Energy Center Monday to protest the revocation of health benefits for more than 1,200 retired workers.

In December 2013 Consol sold five coal mines to Murry Energy. With the sale Murry acquired $2.1 billion in employee retirement benefits, but only committed to paying for one year of health care. Now both companies are refusing to honor the benefits.

Liz Reid / 90.5 WESA

“Energy independence.”

“Shale revolution.”

These were the buzzwords used Monday morning as officials gathered for a ceremony marking the start of natural gas drilling activity near Pittsburgh International Airport.

The mood was festive — complete with music, appetizers, goodie bags and air conditioned portable restrooms — as Gov. Tom Corbett and Consol Energy President and CEO Nick DeIuliis prepared to take the podium.

The Federal Aviation Administration has ruled that Consol Energy's plans to drill for natural gas at the Pittsburgh International Airport won't have a significant environmental impact.

The Pittsburgh Post-Gazette reports Thursday that the Allegheny County Airport Authority confirmed that the FAA report was issued this week.

Consol, a Cecil-based company, plans to drill for natural gas on about 9,000 acres of county-owned land, and says the wells will be a safe distance away from runways and other airport operations.

The Allegheny County Airport Authority will hold a public workshop Tuesday to answer questions about oil and gas development plans at Pittsburgh International Airport.

Consol Energy

Consol Energy plans to build six well pads and three impoundment ponds on land surrounding the Pittsburgh International Airport as it works to tap into the Marcellus shale under the facility. 

Miles of water and gas pipelines and access roads are also part of the plan that is currently up for public review.

Allegheny County Council inked a deal with Consol to drill at the airport pending regulatory approval from several agencies, including the Federal Aviation Administration. The deal could be worth as much a $500 million dollars to the county.

The Allegheny County Airport Authority and Consol Energy will unveil the plan to drill for oil and natural gas at Pittsburgh International Airport during a public workshop Tuesday.

Representatives from the airport authority and Consol Energy will answer questions about the plan and its environmental impact.

The workshop is meant to provide residents with more information about the oil and gas development plans, the environmental assessment, the drilling schedule and process.

But airport authority spokeswoman JoAnn Jenny said it’s not an open forum.

Mine on Pa.-W.Va. Border Still Closed Due to Smoke

Mar 13, 2013

A Consol Energy mine on the West Virginia-Pennsylvania line remains closed while officials check for a suspected underground fire that prompted the mine's evacuation.

Consol officials say elevated carbon monoxide levels in the Blacksville No. 2 mine shaft "suggest that we have smoldering or the possibility of a fire in the mine."

More than 120 day-shift workers were safely evacuated when the smoke was first spotted Tuesday afternoon.