Skip to content
Business

The Week in Words: Debating shale gas, facing shaky economy

"It is beyond belief that there are still people who would trade this progress for a return to the status quo."

Gov. Corbett spoke at the renaming of the Sunoco refinery, now known as Philadelphia Energy Solutions Refinery, on Passyunk Avenue.
Gov. Corbett spoke at the renaming of the Sunoco refinery, now known as Philadelphia Energy Solutions Refinery, on Passyunk Avenue.Read moreSHARON GEKOSKI-KIMMEL / Staff Photographer
    Inquirer
    Published 

"It is beyond belief that there are still people who would trade this progress for a return to the status quo."

- Gov. Corbett, referring to opponents of drilling for shale gas, in remarks at the Marcellus Shale Coalition convention in Center City.

"I think it is disingenuous for the governor to dismiss his opponents as a fringe element of naysayers."

- David Masur of PennEnvironment, protesting outside the shale-gas convention.

"We are really, really sad. I hope they call us back because these are really, really good jobs."

- Miguel Orobiyi, who was laid off at the Gamesa plant in Fairless Hills because of too few sales orders.

"Manufacturing continues to soften and decelerate. We shouldn't expect to see any substantial gains in hiring or output from manufacturers any time soon."

- Sam Bullard of Wells Fargo Securities, after poor weekly economic reports.

"There are obviously positives in this contract and there are some challenges that our members will have to deal with."

- Jim Gardler, president, Local 13000 of
the Communication
Workers of America,
after reaching
a tentative deal with
Verizon Communications Inc.
 "It's about turning to other sectors."

- John Palmieri, executive director, Casino Reinvestment Development Authority, regarding Atlantic City's reliance on gambling revenues.

"We're not rescuing anything."

- Philip L. Rinaldi, CEO, Philadelphia Energy Solutions, as it assumes control of Sunoco's oil refinery.

"Hopefully, the transaction will be as good as the publicity."

- William E. Conway Jr., co-CEO of Carlyle Group, an investor in Philadelphia Energy Solutions.

"They think it may be used for Comcast or the government to spy on them."

- David Cohen, executive vice president, Comcast, on challenges of selling cut-rate Internet service to poorer households.

"Venture capitalists bury their dead very quietly."

- Shikhar Ghosh,
senior lecturer, Harvard Business School,
on the fact that three-quarters of venture-capital startups fail.

    Inquirer