Responsible American shale development continues to create enormous economic, environmental and national security benefits for our nation. From more jobs – even in New England – to strengthened competitiveness for American steel manufacturers, shale is an economic engine that is ensuring that we are no longer dangerously dependent on foreign nations to meet our growing energy demands.
And in a recent interview with Politico’s Capital New York publication, “U.S. energy secretary Ernest Moniz said [Gov.] Andrew Cuomo should consider the economic prosperity fracking has brought to Pennsylvania as he weighs a ban in New York.”
Secretary Moniz – who has spoken to hydraulic fracturing’s clear record of safety – adds this:
Natural gas produced by fracking has boosted American industry by more than $100 billion and lowered CO2 emissions, Moniz said, in an interview with Capital. “This new resource is of critical importance. If you look at Pennsylvania, it’s amazing, in the Marcellus shale,” he said. “They have gone from a very, very minor contributor to the national natural gas production, to nearly 20 percent in a remarkably short period. And as we know, that has had enormous economic benefits for the state. Obviously, New York will presumably take that as one of the factors to be considered in its decision.”
Here’s what else they are saying about the benefits of tightly-regulated American shale development:
Read more: http://www.northcentralpa.com/feeditem/2014-02-18_us-energy-secretary-touts-job-creating-marcellus-shale-benefits