Marcellus Shale created 44,000 jobs in Pennsylvania; added $389 million in state and local revenue; over $1 billion in federal tax revenue; and almost $4 billion in value added to the state’s economy
It is ironic that President Obama happens to be in Poland on the one-year anniversary of the U.S. offshore drilling moratorium, imposed by his administration in the wake of the BP Deepwater Horizon incident. The irony lies in the fact that Polish Foreign Minister Radoslaw Sikorski has applauded his country’s plans to utilize its bountiful amount of shale gas to help get the country’s economy back on track, stating that “this is a great chance for Poland to strengthen its energy security and its position overall.” In contrast, President Obama, his administration, and many of the Democratic members of Congress reject the idea of drilling for natural gas using new technology, no matter how economically beneficial, and no matter how many studies prove it safe.