The fracking boom is over. Where did all the work go?

Boom and bust

The shale gas “boom” was as fleeting as Cruz’s presidential predictions. Four years later, as a candidate for re-election, Donald Trump used the same script to try to accept the best Democratic candidate, Joe Biden of Pennsylvania.

An announcement of a campaign according to the state, Biden’s “fracking ban” would “kill 600,000 Pennsylvania jobs.” (Biden cannot ban fracking, except on federal public land.) In a statement to Latrober, Trump said fracking created 940,000 jobs in the state. The the actual number there were about 26,000 at the time, which included jobs not directly related to “fracking” in the industry.

A report The Multi-State Shale Research Collaborative found in the apparent time of the fracking boom in Pennsylvania and the western Midwest (2008 to 2012) that “companies with an economic interest in expanding drilling” and their political allies systematically had an impact on industry employment.

The U.S. Chamber of Commerce stated in 2012 that shale gas production in Pennsylvania, Ohio and West Virginia created more than 300,000 jobs. The Pennsylvania Department of Labor and Industry counted only about 18,000. It is likely that the disagreement will be revealed by the House controversial industry-funded Penn State research which looked “projected jobs“Expected jobs in the future. Later, the House” revised 300,000 jobs created to 180,000 “approved” jobs.

Also, former Pennsylvania governor Tom Corbettena 2014 State Energy Plan “More than 240,000 Pennsylvania people work in major jobs and accessories related to the oil and gas industry,” he said. However, most were noted by the Keystone Research Center additional work (Kind of like UPS drivers), which is most of all, it was before fracking.

In the end, although the rise in Pennsylvania gas prevailed between 2011 and 2012, the unemployment rate rose by almost a full percentage point at the time — and 8.3%, above the national average — even as unemployment fell. 46 states. (In Billtown, when the former mayor named it the “Pennsylvania Energy Capital,” the 2012 average household income of $ 33,147 was no higher than it was previously born; the high rate of local poverty did not change).

A bomb report recently published by the Ohio River Valley Institute, fracking boosters for the wider Appalachia region reflected how the Appalachia region was a promise of employment and prosperity. In the 22 regions of Ohio, Pennsylvania, and West Virginia that produce most of America’s natural gas, economic production grew 60 percent from 2008 to 2019, but little of the revenue generated by that growth remained in local communities. The region saw only 1.6% growth in employment, compared to 9.9% at the state level; it fell by 11% of the nation’s population.

These numbers show that gas drilling has not raised the financial outlook for shale communities. In fact, it may have gotten worse.

Sustaining growth

It is important to dispel the myth that fracking is a golden goose, as it removes one of the first justifications for the polluting industry. “economy versus environment ”narrative it means that environmentally friendly policies kill jobs. Proponents of renewable energy are likely to be partly driven by a desire to rewrite this argument, as often the economic impact is excessive Their recommendations allow them to come up with high-paying “green jobs” that say they will come with wind or solar energy.