Some opposed to shale development claim air quality is negatively impacted during the hydraulic fracturing and flaring stages of well completion. While they continue to make their baseless claims, a new report from the Fort Cherry School District has shown that they don’t have the...
This week, the Maryland School of Public Health released its final report assessing the health impacts of hydraulic fracturing. It’s important to point out that this report does not take any new air quality measurements or water samples – it does not evaluate any new...
Since Marcellus development began seven years ago, it has provided billions of dollars of investment and tens of thousands of jobs for Pennsylvanians. From Williamsport to Washington, the positive impact shale development is having on our state, counties, and municipalities is simply astonishing. Over the...
Our tremendous shale boom has certainly taken a spotlight in the New Year. Over the past few weeks, both the American Petroleum Institute (API) and the U.S. Chamber of Commerce have released reports highlighting the game changing power of shale and the myriad benefits that...
Yesterday, the U.S. Energy Information Administration (EIA) released an abridged version of its Annual Energy Outlook for 2014 (AEO2014) with projections out to 2040. The key takeaway? The surge in domestic oil and natural gas production – driven by shale development – is nothing short...
Last night, the City of Youngstown rejected an ill advised “Community Bill of Rights” charter amendment that threatened the city from regaining its status as an economic powerhouse that it once was. The charter amendment was handily defeated by a 57% to 43% margin. In the end 3,821 voted against the measure while only 2,880 voted to impose the ban.
This week, the International Energy Agency (IEA) released a report stating that North American shale and oil sands development is “reaching all recesses of the global oil market” and, most importantly, displacing OPEC supplies. As the report continuously echoes, North America is altering the entire global energy equation and enabling the United States’ highest level of energy security in two decades, all while boosting our economy, creating jobs, and providing a resurgence in domestic manufacturing.
Recently at a joint press conference at the Youngstown - Warren Regional Chamber of Commerce a coalition called the Mahoning Valley Coalition for Job Growth and Investment was announced. This groups sole purpose is to educate residents in the Youngstown area about natural gas development. The reason for the creation of the coalition is due to the charter amendment that is on the ballot in Youngstown on May 7th.
Back in December 2011, PricewaterhouseCoopers (PwC) released a report on the major impact shale development was having on American manufacturing. The report, “Shale Gas: A Renaissance in US Manufacturing?” highlighted how affordable, domestic supplies of natural gas will save U.S. manufacturers more than $11 billion per year over the next decade, create one million new jobs during that same period, and increase disposable income for each household in the United States by as much as $2,000 per year. Now, nearly a year later, PwC has released a new report, “Shale gas: Reshaping the US chemicals industry,” focused on the direct impact of shale development on North America’s chemical industry.
** This post was originally printed in the Washington Times on January 24, 2013 Neil Vitale, a Steuben County organic dairy farmer, notes the impacts of limiting exports of natural gas. A new low in the “war on energy” was reached in recent weeks, when...
California almost always leads the way. Our state has given birth to leading-edge industries as well as many national and international trends. But now and then, even trend-setters need to look at developments elsewhere to prevent getting left behind.
At a recent event honoring the Ohio State University football team, Gov. John Kasich noted "deep concern" regarding the notion that our oil and natural gas industry "may not be hiring Ohioans." The governor remarked: "You could have a situation where we're not getting the jobs, they're taking the resources and all their profits and they are heading home. "While the governor noted he didn't have any evidence supporting this assertion, he announced he was considering investigating this "very serious" matter. If this idea were true, it would be a serious problem; however, even a cursory review shows that oil and natural gas development is not only providing jobs for Ohioans, but also leading an economic renaissance in bringing billions of dollars into our economy that otherwise would not be invested here.