U.S. economy is "better off" with shale gas, advocate says

11/29/2011 | Shopfloor blog

Hydraulic fracturing technology is making it possible to safely and efficiently produce natural gas from shale formations, writes Alicia Meads of the National Association of Manufacturers. An American Chemistry Council study reported that a 25% growth in shale production would generate hundreds of thousands of jobs and about $4.4 billion in government revenue. "These sources of energy are reliable and affordable, and their production supports high-paying American jobs. The shale gas revolution is here to stay, and [the] U.S. economy is better off because of it," Meads writes.

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