State budgets in collapse nationwide while shale fills PA coffers

August 29, 2011

Amidst reports that state budgets across the nation are suffering record shortfalls that could be a drag to local business for years, we also learn that the shale gas boom has produced over $100 million in extra revenue for the state of Pennsylvania.   It cannot be written too often:  it is not too late for an energy-sector led recovery in both finances and employment.  President Obama is preparing a major new speech on the economy and employment.  If he really wants to ignite a national boom and ensure his re-election, then he needs to say only 10 words:  Drill, baby, drill; frack, baby, frack; and shale, baby, shale!


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: