Court of Appeals review of hydraulic fracturing bans could open economic opportunity in New York
“Natural gas development will give a huge shot in the arm to many economically depressed areas of Upstate New York. We are pleased that New York’s highest court has agreed to hear these cases, and it could be a significant step toward ending a state-wide moratorium that is stifling job creation and investment.
“Hydraulic fracturing is a safe and time-tested engineering technology that is creating economic opportunities and jobs in areas of the country that need it the most.”
The NYSPC and API represent all segments of America's technology-driven oil and natural gas industry. Its more than 550 members provide most of the nation's energy. The industry also supports 9.8 million U.S. jobs and 8 percent of the U.S. economy, delivers $85 million a day in revenue to our government, and, since 2000, has invested over $2 trillion in U.S. capital projects to advance all forms of energy, including alternatives.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
