Monday, March 25, 2013

Shale Could Grow To Become A $1 Billion Industry In West Virginia

If natural gas demand continues to grow as predicted, shale production could be a billion dollar industry in West Virginia in a couple decades.  That was the upbeat message delivered recently by Chris Guith, the Vice President for Policy at the Institute for 21st Century Energy at the U.S. Chamber of Commerce. He was the guest speaker at the 2013 Marcellus2Manufacturing Conference at the Charleston Civic Center. Shale production is becoming a bigger and bigger part of West Virginia's economy and it looks like that's going to continue for years to come. "It's transformational. It has changed the entire landscape both from an economic stand point, from an energy stand point and, frankly, a geo-political stand point,” Guith said. Click to read more.