The nonprofit think tank Brookings Institution has an opinion piece on its web site where the authors argue that cheap energy, led by shale-derived fuels, could "save" the economy.
The piece, "Could Cheap Gas Save the Economy?" by Martin Neil Baily and Philip K. Verleger Jr. starts off:
Something is badly needed to get the economy moving again and avoid another slowdown.
The good news is that cheaper gas could be the answer. America has hit the energy jackpot with new techniques to extract oil and gas from shale.
The recent widespread use of a technique called hydraulic fracturing, or "fracking," and improved drilling technologies such as horizontal completion to harvest gas from shale, could provide a much-needed economic boost.
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 jobs, investments and manufacturing.
And the new innovations are unique to the United States.
To read the rest, go here
Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.
Rig Count Interactive Map by Baker Hughes, an energy services company.
Shale Sheet Fracking, a Youngstown Vindicator blog.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.
Concerned Citizens of Medina County, a grass-roots group.
No Frack Ohio, a Columbus-based grass-roots group.
Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.