Posted September 12, 2014
National Fracking League: Thanks to Fracking, the Buffalo Bills are Staying Put
NY Post (Editorial): Despite the years of stalling from Gov. Cuomo and the state Legislature, fracking has still managed to deliver real dividends for New York. Thanks to fracking, the Buffalo Bills are staying put.
The two main reasons the NFL franchise won’t be moving are as follows:
First, Terry Pegula this week won the bidding for the team. Pegula owns professional hockey’s Buffalo Sabres — and thus was seen as the most committed of the bidders to keeping the Bills in their home of 55 years.
Second, the cash the self-made billionaire and his wife used to buy the team (and to invest in Buffalo) comes largely from the fortune he made in fracking.
He’s not the only one profiting. As The New York Times reported this week, the fracking revolution has set off a boom in nearby Ohio, with benefits rippling through the Buckeye State’s economy.
Read more: http://bit.ly/1uzuNSS
More industry news:
Oil Glut Ignites Gasoline Price Swoon: http://on.wsj.com/1xUdJM8
Blog: Should the U.S. Export Oil to Push Down Prices and Hurt Putin? That’s Happening Already: http://bit.ly/YE8XmA
U.S. Shale Boom Drives Lower Oil Imports from Saudi Arabia, IEA Says: http://reut.rs/1uLwBau
Opinion: America’s New Energy Paradigm: http://bit.ly/1rZBSOH
UTSA, Southwest Research Find a new Way to Clean Frack Water: http://bit.ly/WUtzVN
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.