Key Issues

Policy on Hydraulic Fracturing Fluids
Cabot's Production Activities and Hydraulic Fracturing
Cabot's Contractor Management Program
 
 
Gasland

 

 
 

Natural Gas Facts

Jobs, Economic and Energy Benefits of Domestic Production

Natural GasThe energy industry employs 354,000 Americans in the exploration and production of domestic oil and natural gas.

In 2007, the oil and natural gas industry paid public and private landowners $30 billion in royalties.

Independent energy producers are responsible for 90 percent of America’s oil and natural gas wells. Those wells yield 82 percent of America’s natural gas and 68 percent of America’s oil.

U.S. oil and natural gas industry spending on domestic production reached a record high $226 billion in 2007.

The United States still imports two-thirds of our oil needs.

Source: Energy in Depth


The Pennsylvania State University Study, May 24, 2010
The Economic Impacts of the Pennsylvania Marcellus Shale Natural Gas Play: An Update

"Employment in the state expands by more than 88,000 jobs during 2010 and over 111,000 jobs during 2011.”

ANGA Comments to the study:
According to a Penn State study, 88,000 jobs will be added to Pennsylvania’s economy in 2010 alone. And, natural gas production from the Marcellus shale in Pennsylvania will pump more than $8 billion into the state’s economy.

Meet Josh Cannon of Mount Lebanon, Pennsylvania, an Iraq war veteran currently working on a natural gas rig.

 

 

Helpful Resources

For more information about natural gas development in the United States visit these websites: