Local Business Benefits From Oil & Gas Development - WBOY - Clarksburg, Morgantown: News, Sports, Weather

Local Business Benefits From Oil & Gas Development

Posted: Updated:

Natural gas development continues to flourish in north central West Virginia.

Energy companies are investing billions of dollars in the Mountain State and promise well-paying jobs.

But energy giants and their workers aren't the only ones benefiting from the industry.

PARCS Equipment Superstores in Salem said it is stocking more inventory than ever before.

"We had to add three extra buildings, small storage buildings to the location here in Salem just to keep extra things on hand for oil and gas guys as well as farmers," said Doug Griffith, general manager at PARCS Equipment Superstores.

Mark Madden works with Penn State University Extension Services.  He said farmers and natural gas companies sometimes compete.

"There is some competition for labor resources as I mentioned, but there is also some commercial competition out there as well," Madden said.

"A lot of farmers come in and a lot of things they would use on the farm are now work-related tools as well. So it really beefed up inventory levels to accommodate all walks of life," Griffith said.

Madden said the competition doesn't end at the store.

"Obviously they are going to compete for the use of land. There is some competition for labor resources," Madden said.

But not everything is a competition.  Madden said many farmers are benefiting from natural gas development on their land.

"If you've got some development on your land and there is a road that leads to a well or some other natural gas infrastructure there's some benefit because you can come and go from your work place much easier," Madden said.
Powered by Frankly