Study Says NE States with Fracking Have Better Credit Ratings
The Kroll Bond Rating Agency has just released an update to a report they originally authored in January of last year titled, Fracking the Marcellus and Utica Basins: Potential Credit Implications. While not taking a position on whether or not fracking in the Marcellus and Utica Shale is good or bad per se, they do say their analysis shows fracking in the Marcellus and Utica Shale is very good for the credit ratings of municipal and state governments where fracking is allowed. Fracking is also jobs-creating engine according to the independent report.
From the Kroll announcement: