Dave Bowen photos

[Guest]

[quote name='Richard_L_Dean_07405' timestamp='1310590131' post='448133']

I wonder how well the fire companies in Bradford and other counties of northeast Pennsylvania will fare financially from the trickle down effect from all of the natural gas production now underway? For those who haven't heard some say it's one of the largest deposits of natural gas ever found.

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Speaking only of one company from Bradford County, the Monroe Hose Company in Monroeton, they have seen a wirlwind of financial gain from the drilling. Due to the amount of land owned by them (app. 75 acres) they negotiated a nice lease just for gas rights alone. This property also has water frontage that currently has a permit for a withdrawl site for freshwater fracking ops for which they will see additional income. Bordering the property is a rail line that is being considered for use in well production transportation. With funds allocated already the fire company paid off its brush truck and purchased a brand new tanker (much needed). This is their first new piece in 35 years. There gameplan now is to purchase a new attack engine within 5 years. Monroeton has never qualified for a FEMA grant because of there call volume (lack of) so this is huge for them.



Tim