New Report: Fracking Creates Jobs in States with No Drilling
In October, global research company IHS released the first (of three) volumes in a new study titled America’s New Energy Future: The Unconventional Oil and Gas Revolution and the Economy (see this MDN story). Yesterday they released Volume 2 of the study which focuses on the economic contributions from the Lower 48 states—from both states where there is unconventional drilling, as well as from states without unconventional drilling. Yes, jobs and economic benefits are generated in non-drilling states thanks to the borders they share with those that do have drilling.
Volume 2 of the study finds that of the states with no unconventional drilling, New York leads the pack in the number of jobs created for its residents as a result of unconventional drilling (thank you Pennsylvania!). Of those states that do have unconventional drilling (i.e. they allow high volume fracking), Texas leads the way in job creation, followed by Pennsylvania. The study also finds that by 2025 Ohio (because of the Utica Shale) will become the third most job-creating state when it comes to the oil and gas industry.