Public Policy Institute Predicts 62K New Jobs in NY State when Marcellus Drilling Moratorium is Lifted
Public Policy Institute, Inc. (PPI), the research arm of The Business Council of New York State, has just released a new report titled “Drilling for Jobs: What the Marcellus Shale could mean for New York.” The 24-page report (see a full copy embedded below) takes a look at the huge opportunity in job growth that will be realized in New York State once the hydraulic fracturing moratorium is lifted.
One of the favorite arguments used as a smokescreen by those opposed to Marcellus drilling is the classic class warfare argument. But it takes a lot of mental gymnastics to make it work in this case as the people who are supposedly the “fat cats” and the “lucky few winners of life’s lottery” are typically family farmers who have been scraping by for generations, just trying to hold on to the land they love. The fact that some of them “get rich” from gas drilling just doesn’t sit right with the elite city-dwellers. Kind of invokes images of the Beverly Hillbillies.
Predictably, now that the New York Times has delivered a journalistic drive-by hit piece claiming that energy companies are using false data and accounting trickery to overstate shale gas reserves, NYT sycophant leftist politicians in New York State are making political hay from it. For opportunistic politicians, it’s all about the seriousness of the allegation, never mind that the allegation is totally false.
For many, the New York Times is the paragon of virtue, the ultimate source, arbiter of truth, beacon of light in a world of darkness. And of course, everything you read in the Gray Lady is the honest truth—for real!