In the Black
How Federal Regulation of Shale Gas Can Save the Economy and the Environment
James Campbell, Nina Orellana, Mary Emma Searles
UMass Amherst
This April marks the sesquicentennial anniversary of the signing of the treaty that ended the American Civil War. Fast forward 150 years and it appears there are still some towns in upstate New York that are looking toward the south with hopes of secession…well, Pennsylvania that is. First reported by WBNG-TV Binghamton, fifteen towns that share a border with Pennsylvania are researching the plausibility and legality of actually removing themselves from the state of New York and incorporating with their neighbor to the south. Among the list of reasons why these long time New Yorkers yearn to join the Keystone State are complaints of high property taxes, low sales tax revenue, and a recent decision to deny the region a casino licence. However, these qualms pale in comparison to the real issue at hand, a potential game changer that could turn this otherwise economically destitute area around overnight.
An economic boom has come to Pennsylvania. Between 2007 and 2011, income rose by 19% in some counties, over 44,000 jobs were created, and $3.87 billion was added to the state economy (Furchtgott-Roth & Gray, 2013). What do these numbers have in common? They represent the money brought in by a relatively new industry – hydraulic fracturing, known as “fracking”. According to the Manhattan Institute, a conservative think-tank, this new method of drilling revitalized the Pennsylvania economy and is capable of doing the same for other states within the large Marcellus shale deposit on the East Coast (Furchtgott-Roth & Gray, 2013). It is numbers like these that have spurred the 15 towns just north of the border to seek a motion of secession as a direct result of a December 17, 2014 all out ban on hydraulic fracturing by New York governor Andrew Cuomo. Continue Reading →
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