Opportunities for All

The shale energy boom has created hundreds of thousands of jobs in the United States in recent years, and economists and researchers expect this growth to continue in coming decades.

A recent article in the Pittsburgh Post-Gazette found that “nationally, over the past 10 years, there has been a 144 percent increase in (oil and gas) jobs occupied by both men and women, according to the BLS. In May, there were 310,600 employees in such occupations compared to 127,200 in 2004.”

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Available, Affordable, and Booming

Cheap and abundant natural gas from shale has become a catalyst for investment and economic development in the United States across a wide range of industrial sectors. A study published in July by researchers at the University of Michigan ("Shale Gas: A Game-Changer for U.S. Manufacturing") finds that the shale revolution has the potential to “revive the chemical industry and bolster energy-intensive manufacturing sectors such as aluminum, steel, paper, glass and food.”

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Compare and Contrast

Over the past several weeks there has been a great deal of media attention in North Texas on the efforts of extreme activists to stop energy production in our area. Thankfully, this rancor has not slowed down those who are committed to safely and responsibly developing our energy resources. 
 
They may not always get media attention for showing up and doing their important work each day, but those who work in the Barnett Shale are fueling our local, state, and national economy. While the media is off chasing the latest controversy, they are missing the steady stream of positive economic data that demonstrates the power of the shale gas revolution.

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Rocky Mountain Warning

The ban on hydraulic fracturing that will go before Denton voters this November is similar to an ongoing effort to ban hydraulic fracturing in Longmont, Colorado that was struck down by a judge earlier this week
 
The judge in Colorado found that “a ban on the technique (hydraulic fracturing) — credited with unlocking previously untapped oil and gas reserves in Colorado and nationwide — steps on the state’s authority.” Other officials in Colorado echoed these findings. Including Colorado Attorney General John Suthers, who explained that “the court got it right” because “under the current law, local governments can’t ban fracking."

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Denton Ban Update

The Denton City Council took public comment on the proposed hydraulic fracturing ban at a Tuesday evening meeting that stretched into the wee hours of Wednesday morning. After hearing from citizens on the issue, City Council rejected the proposed ban on hydraulic fracturing in the city.

The ban was before the Council as a result of a petition campaign by various activists who want to see energy production outlawed in the city.

The meeting began with two Denton residents who presented another petition to the Council, this one signed by more than 8,000 residents who did not want the ban adopted by the Council. Also, the Council heard from various industry, economic, and legal experts about the harm that would come from enacting the ban in Denton.

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Shale boom confounds forecasts as U.S. set to pass Russia, Saudi Arabia

Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world's largest producer of crude oil, most analysts agree. When that happens and by how much, though, has produced disparate estimates that depend on uncertain factors ranging from progress in drilling technology to the availability of financing and the price of oil itself.

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Oil-and-gas activity spurs strong manufacturing job growth in Texas

Industrial employment grew 2.5 percent in Texas from May 2013 to May 2014, marking the third straight year the Lone Star State gained manufacturing jobs, according to data from Manufacturers' News Inc., which compiles databases and directories of manufacturing operations.

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The Shale Energy Revolution’s Growing Impact

Bloomberg: North America’s dominance of global exports of refined fuels will expand to unprecedented levels by 2019 as the shale revolution makes U.S. refineries more competitive, the International Energy Agency said.

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Feds: USA Now World's Largest Producer of Oil and Natural Gas

Even as the Eagle Ford shale formation ramps up to producing one million barrels of oil per day, researchers at UTSA say an even newer shale play, the Cline Shale in the Permian Basin of west Texas, promises to become a mayor producer of oil and natural gas as well, 1200 WOAI news reports.

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Illinois ‘Ban Fracking’ Rally Was a Colossal Bust

Listen to the Many Not the Money.”

That was one of the messages scrawled on a protester’s sign Monday at Rep. John Bradley’s office in Marion. The irony was not lost on the media in attendance.

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