Lake View, NY – The Independent Oil & Gas Association of New York (IOGA of NY) praised the economic study by the Pennsylvania State University for the Marcellus Shale Committee and the Pennsylvania House Natural Gas Caucus.
According to the study, Marcellus Shale development will pump $14.17 billion into the state’s economy in 2010 and create more than 98,000 jobs, while generating $800 million in state and local tax revenues.