Rogersville Shale drilling may bring economic boost | Marcellus Minutes
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Rogersville Shale drilling may bring economic boost

A dollar and 24 cents. That’s the amount the price of 1,000 cubic feet of natural gas will have to increase before industry experts expect West Virginia’s natural gas industry to explode.

As of press time, the price of 1,000 cubic feet of natural gas was at $2.76. Corky DeMarco, executive director of the West Virginia Oil and Natural Gas Association, said when the price per 1,000 cubic feet reaches $4 or more, gas companies currently drilling in the area – including Lawrence County, Kentucky, across the Big Sandy River from Wayne County – will likely make the trip over the border.

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