Tuesday, July 30, 2013

Study: Rural Economies Booming Thanks to Natural Gas




For student veterans at CCAC interested in a long-term career, the energy sector is a great option.  The fact that the energy sector continues to grow jobs and economies is important.  At CCAC, our Veterans in Energy Training Project (VETP) is integral to providing linkages between student veterans and energy sector careers.  Consider the following...

"Nationally, shale gas and oil has the potential to boost our nation’s gross domestic product by between $380 billion and $690 billion. Those are huge numbers and represent almost four percent of our estimated GDP in 2020.

Already the Marcellus Shale and related industries are responsible for 239,474 jobs in Pennsylvania, according to our state Department of Labor and Industry.

Not every industry has the capability to make such a substantial impact on our economy. When an industry, such as energy, does have the potential, we need to encourage it. The McKinsey report makes very clear the upside, game-changing opportunities of shale gas and oil production. We would do well to encourage such a stimulus."

The full article can be found at:
http://energyindepth.org/marcellus/study-rural-economies-booming-thanks-to-natural-gas/

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