Marcellus Shale<br />Looking at natural gas drilling through an Economic and Environmental lens<br />
The Marcellus Shale<br />489 trillion cubic feet of retrievable gas in Marcellus Shale<br />
Global Potential Economic Benefits<br />Versatility<br />Natural gas is a growing industry<br />U.S. consumed 22,844,374 m...
Local Potential Economic Benefits <br />NY state alone consumed 393 billion cubic feet of natural gas in 2008, making up 3...
Broome County Study<br />                       Over the next decade:<br />792 million in new wages<br />16,000 new jobs c...
Problems with the study<br />Does not take into account economic impact of environmental damage<br />Does not take into ac...
Impact on Agriculture<br />
Endangering Precious Resources<br />Only .3% of the world’s water supply is usable for human consumption<br />Methane gas ...
Fracking Fluid<br />Companies are not required to disclose fracking solutions<br />
Spills and Wastewater<br />Sewage treatment plants are not equipped to process the industrial waste water and associated c...
Kills Fish and Other Animals<br />
Jobs<br />Who will get these new jobs?	Not people from local communities.<br />
Marcellus Shale
Upcoming SlideShare
Loading in …5
×

Marcellus Shale

692 views
641 views

Published on

A presentation outlining the economic and environmental benefits and dangers of drilling for natural gas in the New York State portion of the Marcellus Shale

0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
692
On SlideShare
0
From Embeds
0
Number of Embeds
4
Actions
Shares
0
Downloads
24
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide

Marcellus Shale

  1. 1. Marcellus Shale<br />Looking at natural gas drilling through an Economic and Environmental lens<br />
  2. 2. The Marcellus Shale<br />489 trillion cubic feet of retrievable gas in Marcellus Shale<br />
  3. 3.
  4. 4.
  5. 5. Global Potential Economic Benefits<br />Versatility<br />Natural gas is a growing industry<br />U.S. consumed 22,844,374 million cubic feet of natural gas last year alone<br />Cleanest burning fossil fuels<br />
  6. 6. Local Potential Economic Benefits <br />NY state alone consumed 393 billion cubic feet of natural gas in 2008, making up 33% of their energy consumption<br />In state production would directly decrease in state consumer cost<br />
  7. 7. Broome County Study<br /> Over the next decade:<br />792 million in new wages<br />16,000 new jobs created<br />$85 million in state and local tax revenues<br />+<br />
  8. 8. Problems with the study<br />Does not take into account economic impact of environmental damage<br />Does not take into account economic impact of other industries e.g. fishing, recreation…<br />Does not take into account economic impact of health care costs<br />Study was conducted by out of state company<br />
  9. 9. Impact on Agriculture<br />
  10. 10. Endangering Precious Resources<br />Only .3% of the world’s water supply is usable for human consumption<br />Methane gas has been found in municipal water sources located near drilling sites.<br />
  11. 11. Fracking Fluid<br />Companies are not required to disclose fracking solutions<br />
  12. 12. Spills and Wastewater<br />Sewage treatment plants are not equipped to process the industrial waste water and associated chemicals. <br />
  13. 13. Kills Fish and Other Animals<br />
  14. 14.
  15. 15. Jobs<br />Who will get these new jobs? Not people from local communities.<br />

×