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:
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What angers MDN editor Jim Willis more than almost any other issue in the fracking debate is when adults contaminate the minds of young people with their own, polluted, distorted opinions—especially on the topic of fracking. Unfortunately it happens down to the youngest grades, including the nine year-old students of fourth grade anti-fracking teachers Mary Hayes and Patricia McGorry in the Maple Hill Elementary School in Middletown (Sullivan County), NY. Shame on them.
With the resignation of Lisa Jackson as Administrator of the federal Environmental Protection Agency (EPA)—good riddance!—the speculation now turns to who her replacement will be, and whether or not that replacement will continue her legacy of trying to screw up fossil fuel energy in this country. The rumor mill has begun in earnest over who Obama will select.