Unconventional Gas Report
Production of unconventional gas - shale gas, tight sands and coal bed methane – supported more than 1 million jobs in 2010 and is projected to grow to 1.4 million by 2015, having a dramatic impact on employment, economic growth and tax receipts in producing and non-producing states alike.
Unconventional gas from shale, coal bed methane and tight sands will be a major contributor to the strong, long-term development of natural gas in the US and will serve as a steady source of jobs, economic growth and revenues to federal, state and local treasuries.
A new IHS Global Insight study finds that unconventional gas activity today supports more than 1 million jobs (direct, indirect and induced) and will support a total of more than 2.4 million jobs by 2035. The new report, The Economic and Employment Contributions of Unconventional Gas Development in State Economies, is a companion study to the IHS Global Insight study, The Economic and Employment Contributions of Shale Gas in the United States, released in December 2011.
This new report provides the total economic contribution of shale, tight sands and coal bed methane as distributed across the US lower 48.
The economic contributions of unconventional natural gas activity are found in producing and non-producing states alike. Producing states are the 20 states that have either new well completions and production or production from existing wells. Non-producing states are those defined as the 28 states and the District of Columbia that do not include current or projected unconventional gas resource development. View the press release associated with this report.