Lake View, NY – The Independent Oil & Gas Association of New York (IOGA of NY) today expressed support of a draft plan by the State Energy Planning Board, which recognizes the benefits that expanded natural gas exploration will bring to New York.
The plan, released today, says increased exploration in the Marcellus Shale “would create jobs, create wealth for upstate land-owners, and increase State revenue from taxes and land-owner leases and royalties.” The report recommends that the state “Support private interest and investment in drilling in the Marcellus Shale natural gas reserves and natural gas pipeline expansions to improve supply and deliverability of natural gas to markets in New York in an environmentally acceptable manner.”
