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Friday, January 18, 2013

Report Suggests Utica & Marcellus Development Could Mean Over $10 Trillion in Economic Activity

From Columbus Business First:
The Utica and Marcellus shale plays in Ohio, Pennsylvania, West Virginia and New York could represent more than $10 trillion in new economic activity when fully developed, says a new report from a bond rating firm.
But the analysis by Kroll Bond Rating Agency in New York also cautions that the oil and natural gas shale boom is “fraught with a multitude of environmental and health issues” related to hydraulic fracturing, or fracking.
Read the entire article here. 

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