Report Predicts 58,000 Shale Gas Jobs in West Virginia
The United States Chamber of Commerce’s Institute for 21st Century Energy recently issued an IHS report regarding entitled “America’s New Energy Future: The Unconventional Oil and Gas Revolution and the US Economy” as reported by The Republic. The report, which can be downloaded here, indicates that the natural gas industry has created more than 11,800 jobs in West Virginia and has generated approximately $283 million in tax revenue in 2012. The report further indicates that shale-gas development could produce more than 29,000 jobs in West Virginia by 2020 and more than 58,000 jobs by 2035. The revenues generated by shale-gas are estimated to be around $25 billion between 2012 and 2035.