Boosted by shale, Philadelphia could rival Houston as energy transportation hub

Philadelphia is developing a reputation as a nexus of oil and natural gas transportation, boding well for the city’s economy, reports CNBC. The network says renewed investment and activity in the region's sprawling railway network and aging infrastructure is turning Philadelphia into a potential energy hub that some believe can rival Houston. The city is benefitting from its proximity to the Marcellus shale play and a railroad system that has made it a transit point for oil being shipped from North Dakota's Bakken shale region. For more, read the full story.