Today’s Oil & Gas Industry

According to a Penn State University study entitled “An Emerging Giant: Prospects and Economic Impacts of Developing the Marcellus Shale Natural Gas Play“, “The development of the Marcellus Shale will have significant economic impacts for the economy of Pennsylvania. Leasing, exploring, drilling, and developing these natural gas reserves will directly generate thousands of high-paying jobs and indirectly create many others as employment is stimulated in support industries and as workers spend these wages and households spend royalty income. The economic stimulus from natural gas development and production will increase gross state product, income, and tax receipts.”