Fracking Ban Wrong Choice For New York


By banning hydraulic fracturing in the state of New York, Gov. Andrew Cuomo has removed much-needed opportunities for economic growth and job creation from New Yorkers’ grasp. A study commissioned by the US Chamber of Commerce’s 21st Century Energy Institute estimated that the extraction of unconventional shale oil and gas by hydraulic fracturing – commonly…

New York Flag-mapBy banning hydraulic fracturing in the state of New York, Gov. Andrew Cuomo has removed much-needed opportunities for economic growth and job creation from New Yorkers’ grasp.

A study commissioned by the US Chamber of Commerce’s 21st Century Energy Institute estimated that the extraction of unconventional shale oil and gas by hydraulic fracturing – commonly known as fracking – already created 1.7 million US jobs by 2013. And Independent energy consultancy IHS has projected that oil and gas production through fracking could support 3.3 million jobs nationwide, which would generate more than $125 billion in state revenue across the country by 2020. Why not be part of that?


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