Pittsburgh, PA – Marcellus Shale Coalition president Kathryn Klaber issued the following statement regarding recommendations – available here – released today by Governor Corbett’s Manufacturing Advisory Council:
“The safe development of America’s abundant, clean-burning natural gas resources has been, and will continue to be, a powerful catalyst for strengthening our nation’s manufacturing base, a critical sector of our economy. The common sense, pro-growth, pro-jobs policies outlined by the advisory council underscore how historic of an opportunity shale gas is for not only the commonwealth, but for our nation.
“As more natural gas is safely produced here at home, the more competitive Pennsylvania and the United States will be in the global marketplace. At the same time, the expanded use of American natural gas, for electricity generation to transportation and beyond, the more environmental and economic benefits we’ll continue to realize.”
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- Key Manufacturing Advisory Council Recommendation: Domestic energy production poses a unique multi-faceted opportunity for many Pennsylvania manufacturers. In particular, the shale gas plays have created a unique series of new market opportunities that may provide more growth potential than just a stable low-cost energy. Local sources of raw materials for plastics and petrochemical related industries, and a growing new customer base of energy related industries provide opportunities for manufacturers from nearly all industries. Manufacturers are also the largest consumers of energy, which accounts for one of, and in some cases the, largest operating expenses. The energy used in manufacturing processes is used to produce products that fuel economic growth and job creation.
- PricewaterhouseCoopers Study: “Shale Gas: A renaissance in US manufacturing” (12/11)
- The Economist: The impact of American shale gas development is “so dramatic that it could boost a manufacturing renaissance” (7/14/12)
- Issue Alert: Economists: The Shale Gas Revolution is Revitalizing America’s Manufacturing Economy (6/1/12)