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Natural Gas

I’ve talked a lot about how shale gas development is transforming energy markets, sparking economic activity, and helping meet our shared environmental goals. As the industry continues to grow, it’s important that local and state governments maintain their capacity for appropriate oversight and regulation. A continued focus on safe operations – from both industry and government – will allow Americans to keep benefiting from the jobs and revenue created by development of this lower-emission fuel source. That’s the idea behind a noteworthy new training initiative announced yesterday by several leading American universities …

A Cornell University study came out last spring with what many thought was an unbelievable finding that lifecycle emissions from shale gas could be higher than those of coal. A subsequent Cornell University study has shown that finding really was unbelievable. This subsequent study, recently published by Professor Lawrence Cathles and his colleagues at Cornell, criticizes the methodology and findings of last year’s study by Cornell Professor Robert Howarth and his colleagues.


Earlier this week, I talked about how growing production of shale natural gas is spurring a “renaissance” in U.S. manufacturing. Yesterday, that “renaissance” was the talk of the White House. There, President Obama held a forum recognizing the influx in U.S. manufacturing jobs and investment and released a report detailing the reasons behind this positive trend.

Amid all the concern expressed about a decline in the United States’ manufacturing base in recent years, a positive turn of events is helping drive a comeback in this critical sector of the American economy: shale natural gas. A recent study by PricewaterhouseCoopers, “Shale Gas: A renaissance in US manufacturing?”, sums up two main reasons why exponential growth in U.S. shale gas production is giving a much-needed boost to U.S. manufacturers.


$76 billion share of U.S. GDP. $33 billion in capital investments made. $18.6 billion in federal, state and local government tax and federal royalty revenues. 600,000 jobs supported. And that was just in 2010. These impressive stats sum up the economic contributions of U.S. shale gas production in 2010, according to a recent study from IHS Global Insight. But even better outcomes are yet to come, the study’s findings show.

You may have heard the old adage “you have to go where the jobs are.” For some residents of southern New York, that means crossing the border into neighboring Pennsylvania to take advantage of the job growth flowing from the natural gas boom on the Marcellus Shale.



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