Pennsylvania’s Economic Opportunity from Fracking
The Marcellus Shale formation holds enough recoverable natural gas reserves to not only serve Pennsylvania’s needs, but to turn the Commonwealth into a significant exporter of energy, generating equally significant economic benefits from natural gas fracking.
According to statistics from the Pennsylvania Department of Labor and Industry, more than 72,000 gas and oil jobs have been produced from the increase in horizontal drilling and fracking for natural gas, since 2009. In the state, jobs from fracking for natural gas increases every year.
Pennsylvania’s Fracking Facts
- Production in Northeastern Pennsylvania recently passed 2 billion cubic feet per day, up from 0.4 billion cubic feet per day in early 2010.
- Production in Southwestern Pennsylvania is close to 1 billion cubic feet per day, more than three times the level in early 2010.