The enormous benefits of safe, responsible, tightly-regulated American natural gas development cannot be denied. This fact is proof positive. Indeed, several columns this week further underscore how “Shale extraction represents one of the most important developments for the economy in the last 60 years. It’s pushing down energy prices and creating many new opportunities for [...]
New Study Outlines Options to Give “Economic Second Life” to Marcus Hook Refinery Site
June 27, 2012 | Filed Under: Newsroom, Press Releases
Marcellus Shale May Play Key Role in Refinery’s Future, According to IHS Experts Marcus Hook, Pa. – Marcellus Shale Coalition (MSC) president Kathryn Klaber joined a host of local, state, and federal government representatives, as well as residents and regional economic development and organized labor officials, today for the roll out of a new IHS [...]
CNNMoney Column: Could Cheap Natural Gas Save The Economy?
June 27, 2012 | Filed Under: Newsroom, In the News
By Martin Neil Baily and Philip K. Verleger Jr “The shale boom is for real and a serious game changer because of its size and potential longevity” NEW YORK — Martin Neil Baily is a senior fellow in Economic Studies at the Brookings Institution and was the Chairman of the Council of Economic Advisers under [...]
Pittsburgh Quarterly: An Industrial Renaissance
June 26, 2012 | Filed Under: Newsroom, In the News
“You hear talk about the tri-state area becoming the nation’s new energy capital,” says Kathryn Z. Klaber, president of the Marcellus Shale Coalition and a Beaver County native. “Ours is the region that developed the first oil well, the first commercial gas well. Maybe it’s high time we reclaimed our title.” Why Pittsburgh is poised [...]
Scranton Times-Tribune: Local Companies Drill Into Natural Gas Industry
June 25, 2012 | Filed Under: Newsroom, In the News
By: James Haggerty (Staff Writer) Natural gas extraction is helping to enable a Scranton ammunition plant to aim for different business objectives. General Dynamics Ordnance and Tactical Systems makes swivel elbow and drill-pipe connecting joints used at the region’s Marcellus Shale gas wells. “They definitely are making up a meaningful part of our business at [...]
U.S. Rep. Mark Critz in the Tribune-Review: Stick to Fracking Science, Not the Politics
June 23, 2012 | Filed Under: Newsroom, In the News
By: Mark S. Critz At a recent U.S. Senate Appropriations Committee hearing, Environmental Protection Agency Administrator Lisa Jackson justified the agency’s “desire to do additional science around hydraulic fracturing … because the public’s trust in that technology we believe is also based on the belief that we are looking to bring the very best science [...]
Top UN Official: Shale Gas Key to Cutting GHGs, Protecting Forests, Helping the Poor
June 19, 2012 | Filed Under: Blog
Without question, safely produced abundant, clean-burning natural gas is helping to drive economic growth and spur job creation while also protecting our environment. This fact was reinforced by the co-head of a United Nations (UN) sustainable energy program this week during a global development meeting in Rio de Janeiro, Brazil. Reuters reports: Natural gas, including [...]
MSC in Pittsburgh Post-Gazette: Marcellus Shale Gas is “Safe, Clean Energy”
June 19, 2012 | Filed Under: Newsroom, In the News
Jeff Schmidt’s June 6 letter (“Natural Gas Is Not a Clean Energy Investment”) lodges a series of claims that are fundamentally unsupported by the facts about the safe, responsible development of clean-burning American natural gas. First, Mr. Schmidt and your readers should know that hydraulic fracturing fluids — made up of more than 99.5 percent [...]
The Arithmetic of Shale Gas (Yale University)
June 15, 2012 | Filed Under: Library, Studies, Reports & Presentations
Using the economic tools of traditional cost benefit analysis, we demonstrate that for one given year, 2010, the consumer surplus from shale gas is in excess of $100 billion to the US economy.
