Helping to protect landowners right for the extraction of Natural Gas.

Helping to protect landowners' rights for the extraction of Natural Gas.

Tuesday, June 21, 2011

What We Can Learn From Texas--Barnett Shale

Environmental, News, Political, Technology | June 13, 2011 by Ed | 0 Comments

“One recent study prepared for the Fort Worth Chamber of Commerce found that drilling and production activity in the Barnett was supporting, directly and indirectly, more than 110,000 jobs across the region.And a study by this author a few years ago calculated that Barnett wells and related equipment had added $6 billion to the local property tax base. In south Texas, where new oil wells are being drilled in the Eagle Ford shale, the unemployment rate has fallen to half the state average while sales tax receipts have jumped 70 percent.”

Read the entire Op-Ed article, “What we can learn from Texas’ Barnett Shale” by Bernard L. Weinstein, Patriot-News.

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