Agenda: The Western Pennsylvania Chapter of the Institute of Management Consultants is pleased to host a vital presentation about the business opportunities that are being created by the exploration and development of the Marcellus Shale natural reserves in our region. Join us at our luncheon meeting to learn more about how your consulting practice can benefit from this major development initiative now underway in our region. Our focus for this meeting is learn more about how the Marcellas Shale development of our region will bring new opportunties to management consultants in the coming years and decades. Attendees from across Pennsylvania will be attending this education and collaboration event.
Speaker: Our invited speaker is Kathryn Z Klabor, President of the Marcellus Shale Coalition (http://marcelluscoalition.org). Ms Klabor works closely with coalition member companies, elected leaders, regulators and the civic community to realize the responsible development of natural gas from the Marcellus and Utica Shale geological formations and the enhancement of the region’s economy that can be realized by this clean-burning American energy source.
Attendees: This event is open to the public; IMC membership is not required.
Cost: $35 (includes served lunch)
Implications of Marcellus Shale for Regional Economic Development:
- Marcellus shale projects increase domestic energy production, creates jobs, and reduces government deficits.
- Exploring, drilling, processing, and transporting natural gas requires goods and services from many sectors of the economy, such as construction, trucking, steelmaking, and engineering services.
- Marcellus gas production could expand to over 17 billion cubic feet per day by 2020, which would make the Marcellus the single largest producing in the US.
- By 2015, the Marcellus gas industry could be generating more than $17 billion in value added, and supporting more than 215,000 jobs.
- By 2020, the projected impacts grow even larger with more than $20 billion in value added, and a Marcellus-supported workforce of 250,000.
Source: Penn State College of Earth and Mineral Sciences (2011)
Questions: Contact Jim Surman, CMC at (412) 841-6300 in Pittsburgh, PA; Jonna Contacos-Sawyer, CMC, CCP, SPHR at (814) 266.3818 in Johnstown, PA; or William McKibbin, PhD CMC at (814) 238-3100 in State College, PA.