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Dreibelbis, a lifelong State College resident, is a commercial and residential real estate developer. He served three terms in the Pennsylvania Legislature (1971–76) before retiring to devote full-time to managing Nittany Gas and Oil Company, a firm which he founded in 1958 and sold in 1982, and other business interests.
Nittany is an unincorporated community and census-designated place [4] in Walker Township, Centre County, Pennsylvania, United States. As of the 2010 census, the population was 658. [5] It is located along the northeastern border of Centre County, next to Lamar in Clinton County.
Pennsylvania, Ohio and West Virginia engaged in a tax competition for the plant. In 2012, Pennsylvania structured a deal requiring Shell to invest at least $1 billion in Pennsylvania and create at least 2,500 construction jobs in exchange for a 25-year tax incentive of $66 million per year and tied to production, reducing Shell's tax by up to 20 per cent.
Nittany Valley is an eroded anticlinal valley [2] located in Centre County, Pennsylvania. It is separated from the Bald Eagle Valley by Bald Eagle Mountain and from Penns Valley by Mount Nittany. The valley is closed to the north by a high plateau that joins these two mountain ridges, but is open to the south at the southern terminus of Mount ...
Valentine, now Nittany Furnace, was also closed at the time, but Gephart and another group of investors bought this furnace as well in December. It would, however, be managed separately from Bellefonte Furnace. Gephart announced that Bellefonte Furnace would be run more steadily than Nittany, which would only be operated at peak periods. [22]
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PA 144 is a north–south route that begins as a branch from US 322 in Potters Mills running through Centre Hall and crossing Nittany Mountain into Pleasant Gap and the Bellefonte area. PA 192 runs east–west through upper Penns Valley in the subordinate Brush Valley.
This was the first oil well in Washington County and set off an oil boom in the area. [5] [9] Within 3 months, 21 wells were drilled throughout the county. [5] One well at a depth of 2,392 feet (729 m) by People's Light and Heat Company on the Gordon farm north of Washington was the deepest producing oil well in the world. [5]