Posted October 7, 2013
Is NY Fracking a Good Idea? Look at Pennsylvania
CNBC: First was Texas. Next came Pennsylvania and North Dakota. Could New York become the next U.S. shale hotspot?
It's a tantalizing prospect for some, given that the Empire State sits atop not one but two prolific shale formations, the Marcellus and the Utica. According to the most recent data from the United States Geological Survey, both have more than a combined 100 trillion cubic feet of estimated natural gas reserves.
Should New York overcome its deep reluctance to drill for natural gas, some experts say the state has the potential to ride a wave of domestic production—one credited with creating thousands of natural gas-related jobs nationwide. But so far at least, New York has given an ear to environmental interests that point to dangers around accessing the reserves, especially the hydraulic process known as "fracking."
Read more: http://cnb.cx/15Wtrnh
More industry news:
- Congress: Don’t Blow America’s Energy Boom: http://bit.ly/18KAdjn
- U.S. is an Energy Superpower: http://ti.me/1e4p5Qi
- In New York’s Oneida County, Hillary Clinton Touts U.S. Oil and Gas Production: http://on.rocne.ws/1agqTmw
- Fixing California: State Should Join in U.S. Oil, Gas Bandwagon: http://bit.ly/19uVZus
- Op-Ed: Fracking Hysteria: http://bit.ly/18KB03G
ABOUT THE AUTHOR
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.