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Developing the Marcellus Shale

Developing the Marcellus Shale

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Published by Energy Tomorrow
Developing the Marcellus Shale in Pennsylvania, New York and West Virginia could lead to hundreds of thousands of jobs and billions in state and local tax revenue.
Developing the Marcellus Shale in Pennsylvania, New York and West Virginia could lead to hundreds of thousands of jobs and billions in state and local tax revenue.

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Categories:Business/Law
Published by: Energy Tomorrow on Jun 03, 2011
Copyright:Attribution Non-commercial

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07/10/2013

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EnergyTomorrow.org
Natural gas and oil jobs
are poised to drive Pennsylvania’s economic recovery.Pennsylvania sits on the Marcellus Shale, one of the largest supplies of natural gas in America. Exploring for and producing this clean-burning energy could generate morethan $1.4 billion in state and local tax revenue in 2015 – and support 160,000 state jobs.* In fact, it isestimated that the Marcellus gas industry has already created more than 44,000 Pennsylvania jobs.With hydraulic fracturing, a process that recovers natural gas from deep below ground, wehave the know-how to safely and effectively unlock this resource while protecting our environment.Hydraulic fracturing is a technology that has been used since the 1940s in more than a million U.S.wells. That’s great news for America’s energy security – and jobs and economic prosperity herein Pennsylvania.
*The Economic Impacts of the Marcellus Shale: Implications for New York, Pennsylvania, and West Virginia
, Timothy J. Considine, Natural Resources Economics, Inc., July 2010 (Sponsored by API)
That’s the promise of developing the Marcellus Shale
160,000 Pennsylvania jobs
 An abundant supply of clean natural gas$1.4 billion in state & local tax revenue
Paid for by American Petroleum Institute (API)
 
EnergyTomorrow.org
Natural gas and oil jobs
are poised to drive New York State’s economic recovery.New York sits on the Marcellus Shale, one of the largest supplies of natural gasin America. Exploring for and producing this clean-burning energy could generate$283 million in state and local tax revenue by 2015 – and support over 20,000 local jobs.*In fact, with hydraulic fracturing, a process that recovers natural gas from deep below ground,we have the know-how to safely and effectively unlock this resource while protecting our environment.Hydraulic fracturing is a technology that has been used since the 1940s in more than a millionU.S. wells. That’s great news for America’s energy security – and jobs and economic prosperity herein New York.
*The Economic Impacts of the Marcellus Shale: Implications for New York, Pennsylvania, and West Virginia
, Timothy J. Considine, Natural Resources Economics, Inc., July 2010 (Sponsored by API)
That’s the promise of developing the Marcellus Shale
20,000 New York jobs
 An abundant supply of clean natural gas$283 million in state & local tax revenue
Paid for by American Petroleum Institute (API)

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