Unanswered Questions About The Economic Impact of Gas Drilling In the Marcellus Shale: Don’t Jump to Conclusions
by Jannette M. Barth, Ph.D.
The paper was prepared for New York. Too bad no such report was available for Pennsylvania before drilling started. From the intro:
The studies used to support the claim that drilling will bring economic benefits to New
York are either biased, dated, seriously flawed, or simply not applicable to the region that
would be affected. Such studies are not a valid foundation on which to base legislative or
regulatory actions.
I also like the firm debunking of “An Emerging Giant: Prospects and Economic Impacts of Developing the Marcellus Shale Natural Gas Play,” aka “the Penn State study.” To wit:
The report is an exercise commissioned by the natural gas industry to try to prevent the State of Pennsylvania from imposing a severance tax on natural gas. An intelligent lawmaker should not take this study seriously.
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