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Gas in Marcellus Shale Worth $6 Billion says Study

by Kenneth E. DuBose on July 26, 2010

New studies show the Marcellus Shale is worth $6 Billion:

Natural gas production in the Marcellus Shale region—if developed—could create 280,000 new American jobs and add $6 billion in new tax revenues to local, state and federal governments over the next decade, a new study released today finds. “One of the biggest opportunities to create jobs and increase America’s energy security lies within the Marcellus Shale region,” said Jack Gerard, president and CEO of the American Petroleum Institute.  “Pennsylvania, New York and West Virginia have enough natural gas to create hundreds of thousands of well-paying jobs and provide Americans with a stable, domestic energy source for generations to come.”

Full article: Marcellus Shale Gas Worth $6 Billion –

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