ALBANY, N.Y. — Born of the energy crisis of the 1970s, gas driller Lenape Resources flourished in western New York for more than three decades — until the revolutionary technology that sparked the nation’s shale gas boom brought the industry to a screeching halt in New York under a moratorium now in its sixth year.
Today, Lenape has just five employees, down from 100 in years past. “Those five, we’re trying to give them work in Pennsylvania,” said John Holko, the company’s president. “We’re not going to be here much longer.”
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