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It's a ga$! New study fuels fracking backing (Cuomo Supports It)
NY Post ^ | 07.22.11 | FREDRIC U. DICKER

Posted on 07/24/2011 2:25:53 PM PDT by Coleus

Gov. Cuomo is hailing a new Pennsylvania study showing that the huge Marcellus Shale natural-gas field on the New York border could supply 25 percent of the nation's gas needs and create hundreds of thousands of jobs.  Cuomo -- who's weighing a late-June report by the state Department of Environmental Conservation concluding that controversial "hydrofracking" gas drilling could be done safely in most parts of the Southern Tier -- said the Pennsylvania report showed the enormous potential for job creation and economic development that the drilling offered New York.Investment and production on Pennsylvania’s side of the Marcellus Shale natural-gas field is growing faster than expected, boosting efforts to begin drilling in New York.

(Investment and production on Pennsylvania’s side of the Marcellus Shale natural-gas field is growing faster than expected, boosting efforts to begin drilling in New York.)

  "Assuming it can be done safely and is properly regulated, the economic reports from Pennsylvania show the potential financial and economic rewards from developing this industry," said Cuomo spokesman Joshua Vlasto.  The new report, prepared by Penn State University researchers at the behest of the Marcellus Shale Coalition, an industry-funded group, found that investment and production in the Marcellus Shale fields -- adjacent to New York's Southern Tier -- has been skyrocketing.

It found that gas production had quadrupled from 2009 to 2010 and that the number of wells brought into operation grew by 77 percent.  The study estimated that gas production this year would rise by an additional 250 percent and that during the next nine years, Marcellus Shale production could

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Government; US: New York; US: Pennsylvania
KEYWORDS: cuomo; fracking; gasproduction; hydrofracking; marcellusshale; naturalgas
Cuomo isn't stupid, this will help NY's economy by creating jobs and generating taxes. Like Chrisite, he instituted a 2% tax cap and cut the budget.
1 posted on 07/24/2011 2:25:57 PM PDT by Coleus
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To: Coleus
Cuomo isn't stupid...

Make that he's not stupid anymore. As Secretary of HUD (Dept of Housing & Urban Development) he pushed hard for increasing home ownership, which is code for forcing banks to accept dodgy borrowers. It was a factor (one of several) in the housing/debt boom and subsequent financial disaster which we are still digging out of.

2 posted on 07/24/2011 2:29:41 PM PDT by Pearls Before Swine
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To: Coleus

He’s also looking for ANY excuse to close Indian Point, the NY area’s lone Nuclear Power Plant. It reportedly generates anywhere from 30-40 percent of the NYC area’s electricity but was built way to close to densely populated areas. Closing it would be disastrous for consumers, but he still talks about it. Perhaps he thinks this will balance public opinion.


3 posted on 07/24/2011 2:33:16 PM PDT by cumbo78
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To: Pearls Before Swine

I think he’s grooming himself to be president. The homosexual marriage law may hurt his chances.


4 posted on 07/24/2011 2:36:02 PM PDT by Coleus (Adult Stem Cells Work, there is NO Need to Harvest Babies for Their Body Parts!)
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To: Coleus

*


5 posted on 07/24/2011 2:36:20 PM PDT by PMAS
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To: Coleus

It’s the best job market up the road....particularly since we’re FINALLY thinking twice about ethanol subsidies.


6 posted on 07/24/2011 2:46:29 PM PDT by Sacajaweau
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To: Coleus

“Cuomo isn’t stupid, this will help NY’s economy by creating jobs and generating taxes. Like Chrisite, he instituted a 2% tax cap and cut the budget. “

Interesting...the Dems in NY and even nationally will have a much tougher time trying to stop a certified liberal from trying to help out this country than they’d ever have trying to stop a Republican. This may be fun to watch.


7 posted on 07/24/2011 2:46:44 PM PDT by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts)
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To: Coleus

That 2% cap can be easily set aside by local TAX needs.


8 posted on 07/24/2011 2:47:39 PM PDT by Sacajaweau
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To: Coleus
It could help the economy of a lot of states which in turn is good for the entire nation.

Image Hosted by ImageShack.us

Be sure to write to your congressman and ask them to overturn the Great Lakes Directional drilling ban.
9 posted on 07/24/2011 2:50:40 PM PDT by cripplecreek (Remember the River Raisin! (look it up))
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To: Coleus

Interesting video on how fracking is done.

http://www.northernoil.com/drilling.php

And people wonder why oil companies need so much money to produce oil and gas!


10 posted on 07/24/2011 3:06:17 PM PDT by Pining_4_TX ( The state is the great fiction by which everybody seeks to live at the expense of everybody else. ~)
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To: Pining_4_TX
Brillant move by Cumo.

He see Wall Street moving people overseas and needs revenues.

11 posted on 07/24/2011 3:23:02 PM PDT by scooby321
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To: Pearls Before Swine

“which is code for forcing banks to accept dodgy borrowers. It was a factor (one of several) in the housing/debt boom and subsequent financial disaster which we are still digging out of.”

How come it’s only here that I see somebody write that forcing banks to accept dodgy borrowers (a) happened, and (b) was a factor in the financial disaster?

Surely there must be more people than that who are aware of those facts, but the only thing I ever see or hear is “greed” — bankers, Wall Street, Republican fat cats, whatever.

Some very large portion of our population believes a lot of stuff that is just crap, and in a representative republic that is a recipe for disaster.

We must, absolutely must, start doing what the leftards did: get the word out by hook or by crook. Pamphleteer, pass out leaflets, have actual rallies, etc.


12 posted on 07/24/2011 3:24:06 PM PDT by dsc (Any attempt to move a government to the left is a crime against humanity.)
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To: Pearls Before Swine
As Secretary of HUD (Dept of Housing & Urban Development) he pushed hard for increasing home ownership, which is code for forcing banks to accept dodgy borrowers.

Hey, no one says we like him -- or even trust him. But he ain't stupid. New York needs the jobs and the tax revenue badly.

I am heartened at this. Upstate is desperate. Several thousand drilling jobs would be a real blessing.

And, as an extra added bonus, the inner-city liberals will be furious!

13 posted on 07/24/2011 3:51:15 PM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment. -- L. Von Mises)
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To: dsc
How come it’s only here that I see somebody write that forcing banks to accept dodgy borrowers (a) happened, and (b) was a factor in the financial disaster?

The best book I've read (and I've read several) about the buildup to and details of the crash is "The Sellout" by Charles Gasparino. It's out there, it's readily available, but to answer your question, it requires that a person be willing to obtain it and read 400 or so pages. The average voter's attention span won't allow that; neither will that of most MSM pundits.

14 posted on 07/24/2011 3:52:56 PM PDT by Pearls Before Swine
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To: All

Cuomoo is trying to set himself up for a run for the Presidency. He is a die hard liberal punk, pretending to be a pro-business pol.


15 posted on 07/24/2011 3:55:30 PM PDT by Recovering_Democrat
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To: Coleus

A REAL stimulus would be giving people in the Northeast a tax credit to convert their dinosaur heating oil houses to natural gas. Cut a big chunk of our dependence on foreign oil, create an instant market for frack gas and increase the sales value of NE property-a win, win, win.


16 posted on 07/24/2011 4:19:16 PM PDT by tanuki (O-voters: wanted Uberman, got Underdog....)
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To: tanuki

Wouldn’t that cut Chavez out of his “charity” gig?

NE libs wouldn’t want that to happen.


17 posted on 07/24/2011 4:22:30 PM PDT by nascarnation
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To: BfloGuy
And, as an extra added bonus, the inner-city liberals will be furious!

Actually, even better will be the heads exploding in Ithaca because Cornell (Berkely of the East) is right in the middle of the drilling area!!!!!!!!

I love it when liberals go violently insane!

18 posted on 07/24/2011 4:26:39 PM PDT by Erik Latranyi
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks Coleus.


19 posted on 07/24/2011 4:32:39 PM PDT by SunkenCiv (Yes, as a matter of fact, it is that time again -- https://secure.freerepublic.com/donate/)
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To: Erik Latranyi
Actually, even better will be the heads exploding in Ithaca because Cornell (Berkely of the East) is right in the middle of the drilling area!!!!!!!!

Ping to Behind Liberal Lines


20 posted on 07/24/2011 4:43:01 PM PDT by mc5cents (Noli nothis permittere te terere)
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To: BfloGuy
I am heartened at this. Upstate is desperate. Several thousand drilling jobs would be a real blessing.

Yes it is... I have friends their and listen to Quinn and Rose in the neck of the woods on the web and the crime their is unbelieveable. Giving some of these kids that are ruff around the edges some of this hard work wouldn't be a bad thing at all....

Yes the dumb @$$ libs in the city think the fuel that cooks the steak at the high end resturants they eat at is from some magical place or are to shallow to see where and how and how much work is envolved as to how it got to the resturant. All they know is right now Fracking is bad. My gosh we have a nation devoid of critical thinking skills....

21 posted on 07/24/2011 5:20:59 PM PDT by taildragger (( Palin / Mulally 2012 ))
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To: Coleus; Ernest_at_the_Beach; thackney; BOBTHENAILER

Frack-a-Ping!!!


22 posted on 07/24/2011 7:18:18 PM PDT by SierraWasp (I'm done being disappointed by "He/She is the only one who can win" and being embarrassed later!!!)
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To: taildragger

“My gosh we have a nation devoid of critical thinking skills....”

The typical liberal doofus may be dumb as a box of lead drinking cups, but the ones behind them are doing it on purpose to “coerce them out of their cars.”

I’ve started reading “Control Freaks,” and it’s documenting that right out of the mouths of the leftards.

For all the cold satisfaction it gives me, I saw it coming back in about 1970 or 71.

Of course, whenever I brought it up everybody moved away from me on the “Group W” bench.


23 posted on 07/24/2011 7:29:01 PM PDT by dsc (Any attempt to move a government to the left is a crime against humanity.)
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To: Pearls Before Swine

“The average voter’s attention span won’t allow that; neither will that of most MSM pundits.”

I only have one functioning brain cell left, and there’s quite a long waiting list to use it.

Tomorrow at 1300 I’m scheduled to remember the appointments I missed last Friday.


24 posted on 07/24/2011 8:07:38 PM PDT by dsc (Any attempt to move a government to the left is a crime against humanity.)
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To: Coleus

Crap links in that story. The link for the State study just returns to the story.


25 posted on 07/24/2011 8:57:12 PM PDT by Big Giant Head (Two years no AV, no viruses, computer runs great!)
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To: cripplecreek

The EIA has updated that map showing larger fields.

I’m in the field or I would post the updated one.


26 posted on 07/25/2011 9:26:02 AM PDT by thackney (life is fragile, handle with prayer)
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To: SunkenCiv

you’re welcome, what ping list is that of your?


27 posted on 07/25/2011 12:52:51 PM PDT by Coleus (Adult Stem Cells Work, there is NO Need to Harvest Babies for Their Body Parts!)
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To: cripplecreek

Click pics to enlarge

For Shale Gas only:
http://www.eia.gov/oil_gas/rpd/shale_gas.pdf

28 posted on 07/25/2011 6:00:26 PM PDT by thackney (life is fragile, handle with prayer)
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To: thackney

There is absolutely no reason for us to continue to struggle for energy in this country. Looks like the Antrim and Utica plays are being merged into one. (I’m in Michigan so that’s my focus)

I’d love to see those maps overlayed with coal and oil as well.


29 posted on 07/25/2011 6:08:13 PM PDT by cripplecreek (Remember the River Raisin! (look it up))
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To: Coleus

It’s called “The Usual Suspects”, it’s a.k.a. “It’s News to Me”. The lack of specific focus leads me to think, when I think about it and not something else, that it’s a way of harnessing my undiagnosed ADHD.


30 posted on 07/25/2011 7:04:25 PM PDT by SunkenCiv (Yes, as a matter of fact, it is that time again -- https://secure.freerepublic.com/donate/)
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