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Interdependency of Economics and the Environment when Discussing Natural Gas Development By Joyce Hale.
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Interdependency of Economics and the Environment when Discussing Natural Gas Development By Joyce Hale National League of Cities Energy, Environment and Natural Resources Steering Committee September 14, 2012
?CLEAN? Extraction Production Transmission Use Disposal
?ABUNDANT? 30 Marcellus Shale Gas Estimate Slashed 80% ENERGY DEPT. 410 TRILLION CU. FT. UNITED STATES GEOLOGICAL SURVEY 84 TRILLION CU. FT.
“Sweet Spots” developed first in a play spike production output and are not representative of the wells to be developed later.
?AFFORDABLE? For how long?…… Influence of world market More costly wells to develop Externalized Costs…… Public health & environmental damage Road and highway repairs Losses in property values
Thank You for Your Attention! QUESTIONS? joycehale43@gmail.com