JOB CREATION POTENTIAL Report Says Shale-Gas Development Could Support 58,000 Jobs By 2035
Reported by: Associated Press
Web Producer: Jeff Morris
Reported: Dec. 19, 2012 11:55 AM EST
Eyewitness News Photo
Charleston
, Kanawha County
, West Virginia
A new report by a group affiliated with the U.S. Chamber of Commerce says shale-gas development could support more than 29,000 jobs in West Virginia by 2020, doubling to 58,000 by the year 2035.
The report released Wednesday by the Chamber's Institute for 21st Century Energy says the natural gas industry has already created more than 11,800 direct and indirect jobs in the state.
It also projects that shale gas development will generate $283 million in revenue this year for state and local governments. And it says those revenues could hit $884 million a year by 2020.
The report is the second part of a three-part study co-sponsored by the institute.
In all, it predicts West Virginia could see more than $25 billion in shale-driven revenues between 2012 and 2035.
Allegheny County seeks gas drilling bids June 18, 2013 7:26 PM EDT Allegheny County officials say they plan to request bids for natural gas drilling under a public park.
18 mayors: Limit use of food stamps to buy soda June 18, 2013 6:33 PM EDT The mayor of Louisville, Ky., is among those in 18 cities, including New York, Los Angeles and Chicago, who are reviving a push against letting government food vouchers be used to buy soda and other sugary drinks.
Allegheny County seeks gas drilling bids June 18, 2013 7:26 PM EDT Allegheny County officials say they plan to request bids for natural gas drilling under a public park.
June 13, 2013 Rio Bravo-South Charleston; Pizza Hut-Kanawha City; Fifth Quarter makes the list. Find out who has violations and who gets the Clean Kitchen Award!
Associated Press
