Posted February 2, 2015
Fracking is Making Philadelphia, the State of Pennsylvania Energy Leaders
Philadelphia Inquirer (Kevin Colosimo): Gov. Wolf has fulfilled a campaign promise to ban natural-gas drilling on state parklands, but he should ignore suggestions that he go further by instituting a statewide fracking ban.
Simply put, a ban would kill the goose that has delivered a lot of golden eggs to the commonwealth. Consider:
The natural-gas industry has contributed $34.7 billion to our economy, accounting for 5.8 percent of Pennsylvania's economic activity, according to an American Petroleum Institute study.
The same study determined that the oil and natural-gas industry supports 339,000 jobs, or roughly 4.7 percent of the state's total employment.
Shale development has generated more than $2 billion in state taxes, according to the state Department of Revenue.
Read more: http://bit.ly/1BPIWMY
More industry news:
Larger Interstate Pipeline Proposed to Carry Natural Gas from Utica, Marcellus Shale: http://bit.ly/1HKU9ad
The Oil Collapse Isn’t Stopping America’s Investment in Energy: http://bloom.bg/1CSrviD
The Car of the Future May Run on Gasoline: http://on.wsj.com/1DxOcam
Editorial: Keystone is a Symbol in Bigger Energy Debate: http://nwsdy.li/1vpigG3
Editorial: House Bill Would Expedite LNG Exports: http://bit.ly/1EB5G9D
Letter: Shale-Gas Producers Boost Ohio’s Economy: http://bit.ly/1HKLYe0
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.