The new Matt Damon film 'Promised Land' is giving voice to critics of natural gas production, but the film faces opposition too as "fracking" goes Hollywood. The movie arrives in the middle of political and regulatory battles over fracking, the controversial oil-and-gas development method that's enabling a U.S. production boom. The Beltway has taken notice as green groups highlight the movie and conservatives attack it.
The state's Health Department found in an analysis it prepared early last year that the much-debated drilling technology known as hydrofracking could be conducted safely in New York, according to a copy obtained by The New York Times from an expert who did not believe it should be kept secret. The analysis and other health assessments have been closely guarded by Gov. Andrew M. Cuomo and his administration as the governor weighs whether to approve fracking.
The U.S. shale-gas revolution, which has revitalized chemicals companies and prompted talk of domestic energy self-sufficiency, is attracting a wave of investment that may revive profits in the steel industry.
The Bradford County (Pennsylvania) commissioners on Thursday passed a $61.2 million county budget for 2013 which includes a 5.9 percent decrease in the county property tax rate. The millions of dollars in annual revenue that the county has started to receive from the impact fee on gas drilling companies is allowing the county to reduce its property tax rate, county officials said.
Even as hydraulic fracturing, or fracking, and other "unconventional" oil and gas production methods remain a divisive issue in New York, about 44,000 jobs in the state this year were connected to those industries, according to a new report by international business analytics firm IHS Global Insight. IHS says New York leads the 32 states where unconventional production methods are not used, with 9 percent of the 500,000 jobs that have been linked in those states to fracking and other technologies.
A new IHS Study measures economic benefits of Unconventional Oil and Gas Production for each State in the United States Lower 48.
A new poll shows more New Yorkers support "hydrofracking" than oppose it, with support more common in downstate regions. A Siena College poll of registered voters found 42 percent support hydrofracking, which involves injecting a well with millions of gallons of chemically treated water to crack rock deep underground. Another 36 percent oppose it and the rest of the respondents did not express an opinion.
As our nation's leaders work to improve our nation's struggling economy, there is one opportunity we cannot overlook: a responsible exports policy. U.S. Senators and Representatives from across the country have voiced their support for natural gas exports as a unique American opportunity that will create jobs and strengthen our energy security.
The difference between Windsor and Conklin couldn’t be starker -- and it just scratches the surface of what delaying investment in New York has meant. Plenty of other communities would like to see these same localized benefits come to their town -- for Conklin, it could mean our survival.
State spreads wealth: parks first to benefit.