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An industry-sponsored study by Pennsylvania State University estimates there will be 200,000 new jobs in Pennsylvania by 2020 if shale is developed to its full potential. On the other hand, figures from the Pennsylvania Department of Labor and Industry show that only about 30,000 jobs were created during the 2008-2009 gas boom. [63]
Pennsylvania, Ohio and West Virginia engaged in a tax competition for the plant. In 2012, Pennsylvania structured a deal requiring Shell to invest at least $1 billion in Pennsylvania and create at least 2,500 construction jobs in exchange for a 25-year tax incentive of $66 million per year and tied to production, reducing Shell's tax by up to 20 per cent.
US shale gas basins, 2011. Shale gas in the United States is an available source of unconventional natural gas.Led by new applications of hydraulic fracturing technology and horizontal drilling, development of new sources of shale gas has offset declines in production from conventional gas reservoirs, and has led to major increases in reserves of U.S. natural gas.
Environmental Protection Agency illustration of the water cycle of hydraulic fracturing. Fracking in the United States began in 1949. [1] According to the Department of Energy (DOE), by 2013 at least two million oil and gas wells in the US had been hydraulically fractured, and that of new wells being drilled, up to 95% are hydraulically fractured.
Job seekers pondering a new career in the gas and oil sector can check out the list of positions below, and see if they have the skills and temperament to join America's 21st century energy ...
The 2024-25 budget allocated $11 million to DEP's Office of Oil and Gas Management, ensuring that Pennsylvania can fully leverage available federal funds for well plugging.
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