Almost half of the state of New York is underlain by the Marcellus shale, the nation’s most prolific natural gas deposit. But thanks to a long running delay in permitting—to study hydraulic fracturing—ever since 2008, the State of New York has dragged its feet on shale development. In doing so it has kept landowners, citizens, municipalities and itself from benefiting from the shale boom, which requires fracturing shale to release the gas for production.

Then there’s Pennsylvania. As far as shale production goes, Pennsylvania and New York are ...


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