From the Manhattan Institute/Empire Center today:
If all New York counties above the Marcellus Shale were to begin drilling, resident’s incomes could collectively expand by 15% or more over the next four years, according to a new report released by the Manhattan Institute/ Empire Center. In 2013, New York governor Andrew Cuomo will decide whether to end or extend the state-wide moratorium on natural gas fracking. In weighing his choice, Cuomo should look to the experience of Pennsylvania, New York’s neighbor to the south.
Authored by MI senior fellow and former chief economist at the U.S. Department of Labor Diana Furchtgott-Roth, the Manhattan Institute/ Empire Center Growth & Prosperity report, The Economic Effects of Hydrofracturing on Local Economies: A Comparison of New York and Pennsylvania, analyzes the effect of shale gas drilling on jobs and income growth in Pennsylvania counties to project the benefits that New York stands to gain if the state again permits fracking.
The report’s key findings:
The Pennsylvania experience:
To read the report visit http://www.manhattan-institute.org/html/gpr_01.htm#.UYets8pMx-0
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.