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    Philly.com: Europeans shop for U.S. energy in Philly

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Summary

Trade reps from Italy, Germany, Britain, Poland, Holland, Sweden and other countries eager to learn more about importing cheap gas and other fuels

by: Sruthi

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Press Notes

Philly.com: Europeans shop for U.S. energy in Philly

Trade reps from Italy, Germany, Britain, Poland, Holland, Sweden and other countries, in Philadelphia for a tour of business sites today as European and North American diplomats are inching toward new global free-trade deals, were eager to learn more about importing cheap gas and other fuels and raw materials from Pennsylvania and other states.

"How many of your countries import gas from the Soviet Union?" Michael Krancer, a former Pennsylvania environmental secretary who now represents oil refineries and gas fracking companies as head of the Blank Rome law firm's energy practice, asked the Europeans who assembled at the Reed Smith law firm for breakfast before touring the Navy Yard business center.

"I don't need to tell you what energy development means for the good guys in the world," Krancer went on, warming to his pitch: “The energy business is centered here in Philadelphia. We have an amazing location to take advantage of the resources in your back yard... This is the place to invest your money."
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