Steubenville, Ohio was hit hard by the previous recession. But, as ABC News reported last night, the town has seen tremendous economic growth because of recent natural gas discoveries in the Marcellus and Utica shale formations. Hydraulic fracturing – a technology that has been used commercially for more than 60 years – allows companies to access the abundant natural gas resources located beneath the Steubenville area.
This “natural gas revolution” has already brought 300 jobs to the Steubenville area, and ABC News reports that 10,000 jobs are expected in the next three years. These jobs are high-paying, with some workers earning up to $77,000 per year. Shops, restaurants and hotels are now bustling.
Manufacturers, users of approximately one-third of the energy consumed in the United States, strongly support the use of hydraulic fracturing to access our nation’s abundant supply of natural gas. We use natural gas not only as a source of electricity, but as a feedstock for products such as plastics, fertilizer and pharmaceuticals. Affordable natural gas provides manufacturers with the ability to expand their facilities, increase production and create even more jobs. It is critically important that the states and the federal government not stand in the way of our access to these valuable resources.
Watch the story here: