EQT Posts $110.9 Million Profit In Latest Quarter

EQT Corp. turned a profit as it continues to pull more natural gas from the Marcellus shale and move it to markets on the company’s midstream pipeline systems.

The Pittsburgh-based energy company early Thursday announced it posted $110.9 million in net income, or 73 cents per share, during the three months that ended June 30. That’s a 27 percent increase over the $86.9 million profit on 58 cents a share it recorded in the same quarter last year.

Read more: http://triblive.com/business/headlines/6495024-74/million-quarter-company#ixzz38OzSWrov
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Rural Food Banks Struggle To Meet Need

Map of Pennsylvania highlighting Greene County (Photo credit: Wikipedia)

Like the people they help, food pantries throughout southwestern Pennsylvania are struggling — and in some cases, failing — to make ends meet as skimpy federal food supplies, a tighter state budget, higher food prices and more needy clients strain resources.

Food banks around the region are reducing the number of fruits and vegetables they distribute, trimming or even eliminating expensive protein sources such as eggs and peanut butter from the boxes given to their clients, and in some cases, must consider scaling back their operations.

In Greene County, for instance, board members of the Waynesburg-based food bank, The Corner Cupboard, were spared Monday from slashing their food box distribution from monthly to bimonthly only after a last-minute $10,000 donation from natural gas drilling company EQT, according to board member John Jenkins.

“I don’t want to tell people we don’t have food for them, my God, but there’s just nothing we can do right now,” Mr. Jenkins said. “We’ve robbed Peter to pay Paul to try to stay afloat as it is.”

Read more: http://www.post-gazette.com/stories/local/region/rural-food-banks-struggle-to-meet-need-653436/#ixzz26bApTVGG