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The Canadian economic casualty count from low oil and natural gas prices is on the rise, with continued deterioration expected, industry experts are reporting, even as government data paints a rosier picture.

The Canadian economic casualty count from low oil and natural gas prices is on the rise, with continued deterioration expected, industry experts are reporting, even as government data paints a rosier picture.

The Canadian economic casualty count from low oil and natural gas prices is on the rise, with continued deterioration expected…

Houston, the nation’s energy epicenter, is facing uncertainty across the natural gas and oil industry in 2015 on low oil prices, mergers and potential bankruptcies, but booming petrochemical plant construction and expanding exports may offset some of the negativity, the Greater Houston Partnership (GHP) said.

While construction projects and jobs in non-shale gas related industries declined sharply from 2008 to 2014, tradesman in five states within or near to the Marcellus Shale worked more hours and benefited heavily from investments in the formation’s development, according to a new study.

The economic benefits from unconventional natural gas and oil development in the United States are spilling over to diverse industry groups that support thousands of jobs today and should support even more in the years to come, a study by IHS Global Inc. has found.

Shale development moved forward in two states with bipartisan support on Wednesday after North Carolina Gov. Pat McCrory signed a bill to allow oil and gas drilling and Virginia Gov. Terry McAuliffe penned an executive order to create a comprehensive energy plan.

While the number of U.S. jobs has yet to regain pre-recession levels, the oil and natural gas sector has seen a 40% increase in jobs from 2008, with one million Americans now working directly in the industry, and a total of 10 million associated jobs, according to a recent report by the Manhattan Institute for Policy Research.

In the annual State of the Union address to the nation Tuesday, President Obama praised domestic natural gas production and said if it’s “extracted safely,” gas would be “the ‘bridge fuel’ that can power our economy with less of the carbon pollution that causes climate change.”