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IOGA Demands Yet Another Fracking Study
December 21st, 2011

The Independent Oil and Gas Association is none to happy that the Department of Environmental Conservation announced that it is hiring an outside firm to study the financial burden of natural gas exploration on communities across the state. Its solution is to have the state hire a consultant to hire an outside firm to study the cost to the state of the state putting a moratorium on fracking in 2008.

“IOGA of NY calls on the agency to also determine the full negative impact this delay has had on the state, especially the Southern Tier by examining lost sales, income and property tax revenue; outward job migration and jobs lost to other states; how the higher cost of fuel has impacted business growth in the state; and how many foreclosures could have been avoided.”

It just so happens the DEC was criticized for an earlier report by the same consultant because the report focused on the financial benefits of fracking without analyzing possible costs to communities, such as impacts on infrastructure.

Here is IOGA’s statement:

The DECs expanded study of community impacts resulting from advanced natural gas exploration announced yesterday should also analyze the lost opportunities and unrealized positive impacts since the states moratorium went into effect in 2008.

IOGA of NY calls on the agency to also determine the full negative impact this delay has had on the state, especially the Southern Tier by examining lost sales, income and property tax revenue; outward job migration and jobs lost to other states; how the higher cost of fuel has impacted business growth in the state; and how many foreclosures could have been avoided.

Earlier this month a report by IHS Global Insight showed that natural gas production in the United States will support 870,000 jobs and result in an additional $118 billion in economic impact over the next four years. New York must be part of this growth.

By on December 21, 2011, 5:10 pm
In category: Albany,Environment,Eye on Albany | 3 Comments »

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3 Responses to “IOGA Demands Yet Another Fracking Study”

  1. Shermanater Says:
    December 22nd, 2011 at 10:49 am

    Lost sales of what? Food and clothing for transients? That is tax free. How about lost property values from no one wanting to live with polluted land, air, and water. Educated working existing tax payers leaving the state (which we will) to escape a tainted quality-of-life. There are no ‘jobs lost to other states’ because the Ecology & Environment report even states that ‘transients will do the work for the first 10 years’. Which is when they want to drill the bulk of the wells (36,358 on average). Once a well is fracked, onto the next. You don’t see people standing around looking at gas wells do you? I’m sure that IOGA wants to examine the lost revenue to their ’1% of millionaires’ that will actually be making the money, while the rest of us hard working existing tax payers fund their little adventure, through, fracked up roads, wastewater treatment, landfill pollution superfund sites, lower property values, increased crime rates, increased health care costs, and $800 well water tests. Higher cost of fuel? Sorry, don’t run on NG and won’t. They want to ship this gas overseas and are turning import ports into export ports. What a bunch of crooks these gassers are. It’s time for a different energy policy. If but 19% of all rooftops had solar panels and Feed-in-Tarrifs, that would energize the entire nation. Go Nissan Leaf!!!

  2. Tom Shepstone Says:
    December 22nd, 2011 at 3:13 pm

    Obviously, the commenter has not visited Pennsylvania to spend any time in Williamsport, for example, which has the 7th fastest growing economy in the U.S. (out of 366 metro areas). Instead, he repackages old shibboleths and hysteria generated by natural gas obstructionists and their “Occupy” friends.

  3. Erik Dabato Says:
    March 8th, 2012 at 12:21 pm

    Thanks for the update on “Gotham Gazette – The Wonkster » Blog Archive » IOGA Demands Yet Another Fracking Study”. Best Regards – Erik Dabato

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