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natural gas industry

natural gas industry

Economic Impact of the Marcellus Shale - Representative Michael Hanna

4y ago


- - Economic Impact of the Marcellus Shale - Representative Michael Hanna "Drilling activity being down is actually a good thing, in my opinion," Representative Mike Hanna assured us last week. The benefits of slowed drilling include decreased prices, time to understand the impact of drilling and time to develop the infrastructure and support services of the Marcellus region. In this time of lessened activity, Hanna already notes an improvement in new water lines that take water up to the tops of mountains which greatly reduces truck traffic and the development of good habitats (where the representative recently enjoyed some turkey hunting!). Hanna also applauded the positive economic impact that the Marcellus Shale has had already in the creation of jobs. The Marcellus Shale Education and Training Center produced an early report on the impact of the region which showed that 30 percent of businesses in Bradford County alone attributed increased sales to the development of the natural gas. Businesses across the region have reported higher rates of activity in hotels, construction, transportation, eating and drinking places, wholesale trade and financial services. In 2009, it is estimated that the Marcellus Shale added 23,385 jobs and $1.9 billion to the economy of Pennsylvania. As these jobs and revenue continue to flow into the state, Hanna believes that the Marcellus Compact will be of use in keeping those dollars within the Commonwealth. HB 2399 as proposed by Representative Rick Mirabito, provides for a Marcellus Shale Job Creation Tax Credit that will provide an incentive for the natural gas industry to hire Pennsylvanians in both service and professional positions. ---------------------------------------------------------- Triad strategies is a bipartisan lobbying, public affairs, government relations, strategic communications, and grassroots advocacy consulting firm located in Harrisburg, Philadelphia, and Pittsburgh PA. Developing and Implementing the best consumer, political and business strategies in the core areas of strategic communications, social media, business development, government relations, public affairs, crisis communications and grassroots solutions with an expertise in lobbying, crisis communication planning, public relations, it procurement, and grasroots advocacy and social media promotion. Whether it's the people who buy your product, finance your growth, regulate your industry, join your cause, determine public policy or shape public opinion, your success begins with a relationship. When it comes to relationships, Triad is here to help, refine, define, organize implement and effectively communicate your message. Triad Strategies: The premiere startegic communications firm for the effective communication, optimization and implementation of your message. For more information on Triad Strategies and how we can help you, visit: