OGJ Newsletter

10/29/2012
GENERAL INTEREST — Quick Takes Study outlines potential growth from shale energy Shale oil and gas development has helped create 1.75 million US jobs in the past few years and potentially could be responsible for 2.5 million by 2020 and 3.5 million by 2035, an independent study commissioned by the US Chamber of Commerce and three major trade associations concluded. Shale energy was responsible for $62 billion in federal, state, and local tax revenue during 2012, according to the IHS-CERA study entitled, America's New Energy Future: The Unconventional Oil & Gas Revolution & the US Economy. It said between now and 2035, shale energy could contribute more than $2.5 trillion in tax ...
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