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Area business leaders gathered at DeSales University today for a briefing on a new economic study of the proposed PennEast Pipeline, completed by Drexel University and Econsult Solutions. The study assesses the PennEast Pipeline Project’s potential economic impact on the six counties it would cross, as well as both Pennsylvania and New Jersey. Results of the study, released February 9, were described in detail during today’s session, which was hosted by the Greater Lehigh Valley Chamber of Commerce. “PennEast Pipeline Project Economic Impact Analysis” showed that design and construction of the PennEast Pipeline would generate approximately $1.6 billion in additional wages, revenues and investments. The majority of that impact, approximately $1.4 billion, would benefit a six-county region that includes the Lehigh Valley. Click here to read the entire article.
Area business leaders gathered at DeSales University today for a briefing on a new economic study of the proposed PennEast Pipeline, completed by Drexel University and Econsult Solutions. The study assesses the PennEast Pipeline Project’s potential economic impact on the six counties it would cross, as well as both Pennsylvania and New Jersey. Results of the study, released February 9, were described in detail during today’s session, which was hosted by the Greater Lehigh Valley Chamber of Commerce.
“PennEast Pipeline Project Economic Impact Analysis” showed that design and construction of the PennEast Pipeline would generate approximately $1.6 billion in additional wages, revenues and investments. The majority of that impact, approximately $1.4 billion, would benefit a six-county region that includes the Lehigh Valley.
Click here to read the entire article.