Perhaps the real question should be: Did the anti-drilling crowd ever really have a head of steam to begin with? The mainstream media certainly wants you to think so. A relatively small group of people who oppose drilling in the Marcellus—indeed people who are demanding a total ban on gas drilling—seem to get a lot of press coverage, while a majority who support it get relatively little press coverage.
MDN’s observation and the reason for this post…
New York State will see a huge $11.4 billion in economic investment by 2020, with state and local governments receiving $1.4 billion in new tax revenues, as well as 15,000-18,000 new jobs created if the current moratorium preventing Marcellus Shale drilling is lifted, according to a report released yesterday by the award-winning think tank Manhattan Institute for Policy Research.
The report, titled “The Economic Opportunities of Shale Energy Development,” projects an additional (and astonishing) 75,000-90,000 jobs would be created if the Utica Shale is tapped. (The Utica Shale requires horizontal hydraulic fracturing as does the Marcellus Shale.)
Former Pennsylvania DEP Secretary, John Hanger, spoke about the advantages and potential pitfalls of Marcellus Shale drilling at a meeting last night in Ligonier, PA: