Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, June 19, 2012

Shale Gas Boom will Create 2.4 Million Jobs by 2035

Shale Gas Boom will Create 2.4 Million Jobs by 2035

The research and analysis firm IHS Global Insight has released a new study looking into the unconventional gas sector, and predicts that the shale gas boom will create nearly 1.5 million new jobs by 2015.The huge sums invested in unconventional gas accounted for 1 million jobs in 2010 in both producing and no-producing states, and this figure is expected to grow to 2.4 million by 2035.The shale gas boom will continue to drive the national economic growth, receiving $3.2 trillion in cumulative investment between 2010 and 2035, and contributing $332…Read more...

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