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Trading pennies of cash for pounds of problems?

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By Nadia Steinzor

February 2, 2011

Say I decide to change my job, and figure that with a higher salary I ll be set. But a few years later, I m in financial hot water: I forgot to calculate the tripling of commuting costs and the car, clothing, and entertaining required by my new position.

Pretty shortsighted and irresponsible of me, right? But somehow when the gas industry uses the same method to peddle its wares, all too many policymakers plagued by budget woes are dazzled and eager to buy.

Take the widely touted 2010 study commissioned by the American Petroleum Institute that promises hundreds of thousands of jobs and billions in revenues in the Marcellus Shale region. Oops! It didn t even look at costs associated with gas development, like road and bridge repairs, declines in farming and tourism, or reduced property values and taxes. The same fuzzy math guided a recent report funded by the West Virginia Oil and Natural Gas Association that glowingly assessed jobs and money coming, and still to come, from gas drilling in that state.

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Tagged with: drilling, marcellus shale, economics, gas development


Gas industry attempts snow job in Ohio

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By Nadia Steinzor

January 27, 2011

Much of the time, a winter storm keeps people snug at home but apparently not in Ohio when gas development is at stake. Nearly 300 residents and elected officials in Canton (Stark County) turned out last week for a debate on the issue. Even in a state with a long history of digging and drilling for fossil fuels, modern-day gas extraction is clearly something worth learning about.

And also worrying about, as industry trains its sights on both the Marcellus and the even deeper Utica shale, and newly elected Governor Kasich openly hopes that gas will be an answer to his budgetary prayers.

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Tagged with: drilling, marcellus shale, ohio, gas


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