Appalachian Basin

Williamsport Explorers Beat Ithaca Winers with Walk-Off Home Run

Former Pennsylvania DEP Secretary John Hanger recently made a great point about Williamsport’s becoming the 7th fastest growing metropolitan region in the country by comparing it to Reading, another small city in the Commonwealth.  He noted how natural gas had lifted the former, while the latter languished.  What a great contrast!  But, there’s another comparison worth making – the one between Williamsport and Ithaca, NY, where the Park Foundation keeps that huge treasure that funds so much of the anti-gas opposition and where tigers like Tony Ingraffea snarl epithets at the industry responsible for so much economic progress in previously beleaguered communities.  Yes, I mean that Ithaca, the Ivy League town on the lake, where wine and brie events define one’s status and elites decide what the masses need.  No one, of course, can ever beat Ithaca in the condescension department, but Williamsport has bested Ithaca rather impressively where it counts – in the battle for economic growth and it’s attributable to natural gas.

The Bureau of Economic Analysis annually reviews how 366 metropolitan areas in the U.S. are doing economically.  It measures the gross domestic product (GDP) generated in each, identifies the sources of growth or decline and ranks the areas compared to others.  Ithaca and Williamsport are similar communities in size, with populations of roughly 30,000 persons each and per capita incomes of slightly above $19,000 in both cases.  Both have heavy populations of students.  Ithaca, though, has a much higher median home value ($181,000 vs. $106,000 in Williamsport) and Williamsport has more than twice as many families as Ithaca (6,395 in Williamsport vs. 3,022 in Ithaca), which goes a long way toward explaining the different outlooks on life that prevail in the two places – Ithaca is a community of accumulated wealth and Williamsport is a community of aspiring wealth.

Well, Williamsport is getting its wish!  It grew by 7.8% in 2010, ranking 7th in the nation for GDP growth in 2010, while Ithaca gained only 1.0%, giving it a rank of 252nd out of 366 metro areas.  Williamsport grew by more than three times the national average of 2.5%, while Ithaca fell behind at barely tw0-fifths the U.S. rate.  Williamsport grew its economy by $247 million (in constant dollars), while Ithaca added only $35 million.  Four years ago, Williamsport was feeling the pains of economic contraction as jobs were leaving and it faced a seemingly rust belt future.  Ithaca’s economy was $32 million larger and the gap widened over the next two years to $169 million, but, in 2010, natural gas companies and those who service them came to Williamsport in earnest as exploration ramped up.  The results have been astounding and now Williamsport has a $43 million advantage over Ithaca.

IthacaVsWilliamsport

Can other factors explain all this?  Well, some might say so, but those claims ring hollow when one examines Pennsylvania well drilling data.  The following chart illustrates what has happened in the four counties Williamsport serves as a center.  Take a look:

WellsDrilled

The pattern is pretty obvious, isn’t it?  2010 was when gas drilling took off in the region Williamsport serves.  Some 782 new wells were drilled that year, more than twice the number drilled for the previous three years combined.  It was also the year, major gas companies and suppliers opened offices in the City.  Now the City is booming with activity including new lodging, new restaurants and a dynamic downtown that paints an entirely different image than one most had of it just a few years ago.  It even boasts of a new “energy park” that caters to the Marcellus Shale industry, which you can learn more about here.  The BEA data confirms the role of natural gas in helping this big win by Williamsport when it documents one-quarter of the growth coming directly from the mining sector and the remainder coming from sectors affected by natural gas growth (e.g., construction and retail trade), not to mention the leisure and hospitality sector, which advanced by 0.26% in Williamsport and only 0.15% in Ithaca.  So much for the negative impact of natural gas exploration on tourism!

The best part, however, is that Williamsport and the surrounding countryside are more beautiful than ever, as this video taken a few weeks ago in nearby Penn Township illustrates:

http://youtu.be/3cAz7KbYH0A

The Ithaca area is also beautiful, of course.  Moreover, the Finger Lakes produces some of the best wines in the world, but one must wonder if its elite have been imbibing too much of it or, perhaps, engaging in too much whining of another sort.  They are getting left behind and this walk-off home run win by Williamsport suggests they need new talent to come home and lead Ithaca to real victory where it counts, with working families.     You don’t want the home team to come off like the Orioles or Pirates, do you?

 

11 Comments
  • The Beat Goes On In Newtown Township | Energy In Depth – Northeast Marcellus Initiative
    Posted at 14:18h, 02 October Reply

    […] are focused on the economy and most importantly jobs for their residents as they see cities like Williamsport, PA thriving after decades of decay.   They see it in Bradford, Susquehanna and Wyoming Counties and […]

  • Getthefacts
    Posted at 08:03h, 03 October Reply

    15 liveable homes on Carter Rd plus one in the process of being dismantled.(a poor job being done). 9 homes use their well water and one of them is a litigant. Of the other litigants on the road they have 5 water wells (2 litigants share a well)Ms. Switzer doesn’t live on Carter Road and uses her well. If a well sits for 3 yrs with out being used what does the water look like when it starts up? What if ground water gets into it? What if the home had a UV light on the well before all this started? So many what ifs.

  • My kids pass out when they Shower !
    Posted at 11:03h, 03 October Reply

    That is another reason I have a hard time believing the information Craig & Julie feed to those who will listen. Craig Sauntner told me at a meeting at West Middle School just last year that the water in his home was so bad that his children break out in hives, and pass out just taking a shower…. I guess I am not getting it… As a father of 4 grown, and Grandfather of 11, 12th on the way, I can not understand why a person would subject their family to torture as described above. If a drilling company polluted my well to the point that it made my wife and kids ill, (Craig are you immune you never said you sickened) I would have packed them up and moved them out of harms way immediately. Craig you and your wife choose to stay there on the property that by all of your accounts is dangerous to your family, WHY ?????
    Cabot offered you in the consent order “double” of what your house is worth and by taking it you could still sue them for damages, so you had an option to leave your home as you said “my well is poison, would you live with poison in your water?” But you chose to stay !!
    If my family were in the danger you say yours is, I would have moved right away on my own dime.
    I will wait for an answer or rebuttal Craig and Julie but please remember, I am asking honest questions and deserve an honest answer.

    Victor Furman

  • The Man With a Plan Comes to Williamsport | Energy In Depth – Northeast Marcellus Initiative
    Posted at 20:13h, 12 October Reply

    […] came out to Williamsport, Pennsylvania last Friday to discuss the reason behind its enormous economic growth over the past year: natural gas. And who better to discuss it with than the one and only T Boone […]

  • NYT Says Mortgages and Leases Don’t Mix; Here’s Why They’re Wrong | Energy In Depth – Northeast Marcellus Initiative
    Posted at 10:48h, 22 October Reply

    […] economic consequences. Last month, Tom Shepstone, EID’s campaign manager in the Marcellus, sifted through the data and pulled together an analysis examining how Ithaca is doing right now compared to Williamsport, […]

  • Energy In Depth » Blog Archive » Lenders’ Bagels?
    Posted at 11:29h, 11 November Reply

    […] economic consequences. Last month, Tom Shepstone, EID’s campaign manager in the Marcellus, sifted through the data and pulled together an analysis examining how the town of Ithaca is doing right now compared to […]

  • Marcellus Connects Pennsylvania with Economic Freedom | Energy In Depth – Northeast Marcellus Initiative
    Posted at 19:32h, 21 December Reply

    […] basins across the country, including the Marcellus, is providing strong benefits to individuals, communities and entire regional economies.   From employing hundreds of thousands of Pennsylvanian’s, […]

  • An Economic Iron Curtain Seals of Wayne County | Energy In Depth – Northeast Marcellus Initiative
    Posted at 08:47h, 03 January Reply

    […] thanks in part to natural gas development.  One needs to look no further than Williamsport, the 7th fastest growing city in the nation and the newly proclaimed energy capital of Pennsylvania, to understand the benefits accrued thanks […]

  • The Art of the Denial | Energy In Depth – Northeast Marcellus Initiative
    Posted at 13:41h, 16 January Reply

    […] are obvious to anyone who visits the region where Marcellus development is occuring and sees how Williamsport is coming to life, witnesses the beehive of activity in Towanda or observes the palpable prosperity […]

  • The Shale Gas Bonanza; The Economy of Shale - Natural Gas Now
    Posted at 12:33h, 20 February Reply

    […] future.” He noted the Lycoming County area that constitutes greater Williamsport, is not only the 7th fastest growing metro region in the entire US, but also has had the 6th highest increase in salaries, mostly due to the fact Williamsport has […]

  • Williamsport Booms While Binghamton BombsNatural Gas Now
    Posted at 16:35h, 17 July Reply

    […] as the seventh fastest growing metro economy in the US, I wrote a post on Energy In Depth called Williamsport Explorers Beat Ithaca Winers with Walk-Off Home Run. It compared the economies of Williamsport, Pennsylvania and Ithaca, New York, to note the impact […]

Post A Comment