The People of America's Oil and Natural Gas Indusry

FOX: "Shale, the New American Gold Rush"

Jane Van Ryan

Jane Van Ryan
Posted January 5, 2010

As part of Fox News' "Job Hunt" series, today a segment aired about shale gas, calling it "the new American gold rush of the 21st century," and discussing how its development is creating jobs--even during this time of economic distress.

With the tremendous success of the Barnett, Fayetteville and Woodford shales in the United States, the shale gas resource base will play a major role in our nation's future energy mix.

The segment also mentions a Penn State report that said in 2008 alone, the Marcellus Shale industry generated $2.3 billion for Pennsylvania-- including more than 29,000 jobs and $240 million in state and local taxes.

To learn more about shale gas, check out the full FOX segment and visit Energy Tomorrow's Shale Gas page. You can also watch James Rosen's video report below.

Watch the latest news video at <a href="http://video.foxnews.com/">video.foxnews.com</a>

ABOUT THE AUTHOR