This study is the third in a series of reports (Considine, et al., 2009 and 2010) documenting the development of the Marcellus Shale and its economic impacts on the Commonwealth of Pennsylvania. This update finds that during 2010 Pennsylvania Marcellus natural gas development generated $11.2 billion in value added or the regional equivalent of gross […]
This study assesses the impact of U.S domestic shale gas development on energy security and U.S. national security. Prepared in conjunction with an energy study sponsored by the Baker Institute and supported by the U.S. Department of Energy. (Kenneth B. Medlock III, Amy Myers Jaffe, Peter Hartley)
There are very few opportunities available to New York State with the same jobcreating potential as exploring and developing the Marcellus Shale formation. The safe and sustainable development of the Marcellus can help to transform the economy in New York’s Southern Tier. The effects of the recent global recession are still resonating in much of […]
Directional drilling and hydraulic fracturing have unlocked vast new reserves of natural gas in the United States. Development of these resources is now well under way in Pennsylvania and West Virginia. Unlike their neighbors to the south, however, New York residents are not directly benefiting from natural gas development as the result of a government-imposed […]
by Kathryn Z. Klaber President and Executive Director Marcellus Shale Coalition May 20, 2011
The natural gas in the Marcellus Shale represents one of the largest energy reserves in the world. This clean-burning resource provides a unique opportunity for the transportation sector to move toward a lower-cost, lower-emission and domestic energy resource to meet our transportation needs in an economically and environmentally responsible manner. The Marcellus Shale Coalition (MSC) […]
Shale Gas and New Petrochemicals Investment: Benefits for the Economy, Jobs, and US Manufacturing (ACC)
Chemistry transforms raw materials into the products and processes that make modern life possible. America’s chemical industry relies on energy derived from natural gas not only to heat and power our facilities, but also as a raw material, or “feedstock,” to develop the thousands of products that make American lives better, healthier, and safer. Access […]
Deep beneath the rolling hills and mountains of Appalachia from West Virginia in the south to upstate New York in the north lies a natural gas deposit known as the Marcellus Shale.
Fully developed, the Marcellus Shale has the potential to be the second largest natural gas field in the world, behind only the South Pars/Asalouyeh field shared between the nations of Iran and Qatar. Converted to British Thermal Units (BTUs), the natural gas found in the Marcellus could be equivalent to the energy content of 87 billion barrels of oil, enough to meet the demand of the entire world for nearly three years.
Natural Gas from the Marcellus Shale
Its Role in the Energy Supply and Energy Policy