New Penn State Study: Marcellus Shale Drilling Created $11.2 Billion in Economic Activity & Supported 140K Jobs in PA in 2010

A new report titled “The Pennsylvania Marcellus Natural Gas Industry: Status, Economic Impact, and Future Potential” was released yesterday by three Penn State University researchers. The report is the third in a series of economic forecasts from the same researchers and outlines the astonishing impact Marcellus Shale drilling has had and continues to have in Pennsylvania—generating $11.2 billion in economic activity in the state in 2010 and supporting nearly 140,000 jobs. The 68-page report was funded by the Marcellus Shale Coalition, an industry group based in PA (a full copy of the report is embedded below).

The report’s authors predict the Marcellus Shale play will become the nation’s leading supplier of natural gas by 2020, providing one quarter of all natural gas used in the U.S. A summary of the key findings in the report includes:

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