Calling development of the Marcellus Shale play “a great opportunity” for New York, the Public Policy Institute of New York State Inc. (PPI) said a scenario where 500 gas wells were drilled every year in the state would create 62,620 jobs, $2.7 billion in added value and $1 billion in local, state and federal tax revenue.
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Articles from Institute
MIT: Expanded Shale Research Needs U.S. Support
Researchers with the Massachusetts Institute of Technology Energy Initiative (MITEI) say natural gas has a bright future, but they said the government needs to be more involved and industry needs to remain vigilant over potential — but so far unrealized — environmental disasters.
July 25, 2011
API: Oil Drilling Continues to Outstrip Gas Activity
The trend toward increased drilling for crude oil, which was first noticed a year ago, has continued throughout the second quarter, the American Petroleum Institute (API) reported Friday.
July 19, 2011
MIT: U.S. Should Back Expanded Shale Research
Researchers with the Massachusetts Institute of Technology Energy Initiative (MITEI) said natural gas has a bright future, but they said the government needs to be more involved and industry needs to remain vigilant over potential — but so far unrealized — environmental disasters.
June 13, 2011
MIT: U.S. Should Back Expanded Shale Research
Researchers with the Massachusetts Institute of Technology Energy Initiative (MITEI) say natural gas has a bright future, but they said the government needs to be more involved and industry needs to remain vigilant over potential — but so far unrealized — environmental disasters.
June 13, 2011
API: U.S. Energy Industry Creates Jobs, Wages Nationwide
As the oil and natural gas industry continues to lobby to keep its drilling subsidies, the American Petroleum Institute (API) has released a new study to show how the industry’s nationwide workforce positively impacts the United States by creating jobs and wages.
May 24, 2011
No Plans to Lift Pennsylvania Forest Drilling Moratorium
Removing a moratorium on new drilling in Pennsylvania state forests is not a priority, the acting secretary of the Department of Conservation and Natural Resources (DCNR) told a state Senate committee during confirmation hearings earlier this month.
May 9, 2011
API Backs State Regulation of Shale Gas, Hastings Bills
American Petroleum Institute (API) CEO Jack Gerard said regulation of the nation’s shale gas plays would best be handled by state government and cautioned against involvement by the U.S. Environmental Protection Agency.
May 5, 2011
API Supports Hastings Bills, State Regulation of Shale Gas
American Petroleum Institute (API) CEO Jack Gerard predicts three energy bills introduced by U.S. Rep. Doc Hastings (R-WA) will pass the House with bipartisan support but face an uncertain future in the Senate. Meanwhile, the organization will continue to lobby for regulation of the shale gas industry at the state level.
May 4, 2011
API: Big Oil Generating Big Returns for Pension Funds
Big Oil profits are generating big benefits for public pension funds, the American Petroleum Institute (API) said last week.
May 2, 2011
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