Natural Gas (Marcellus Shale) Facts

PITTSBURGH,None — Natural Gas (Marcellus Shale) Facts:

• The Marcellus Shale reserves contain nearly 500 trillion cubic feet of natural gas • Is twice the size of Texas's Barnett Shale (previously thought to be the largest shale formation in the U.S.) • The gas recoverable from the shale could power all of the U.S. for two years by itself—a value estimated at $1 trillion. (marcellusfacts.com) • In 2008 the PA natural gas industry had $2.3. billion in economic output, supporting over 29,000 jobs directly and indirectly. • In 2009, the PA natural gas industry had $3.8 billion in economic output, supporting over 48,000 jobs directly and indirectly. • Marcellus related industry is estimated to generate $13.5 billion in economic output and 175,000 jobs by 2020. (Allegheny conference PSU report) • Large potential for industries relocating to western PA to take advantage of natural gas reserves. • With the boost in local economy, new jobs will open other markets as well—businesses, construction, roads, etc. • Additional job fields other than drilling expected to grow include the following: transportation, warehousing, health and social services, professional services, mining, retail, finance, insurance, manufacturing, and real estate. • 2008 - $240 million in state/local tax revenue • 2009 - $400 million in state/local tax revenue • PA ranks second in the U.S. for its number of active gas-producing wells. (http://www.worldoil.com/Article.aspx?id=37690)

Coal Facts/Stats:

• First coal mine in/near Pittsburgh = Coal Hill on Mt. Washington • In the past 200 years, 10 billion tons of coal have been mined from western PA (1/4th of all the coal mined in the U.S. ever) (http://www.popularpittsburgh.com/pittsburgh-info/pittsburgh-history/pittsburghenergy.aspx) • PA the 4th biggest coal producer in U.S. (http://www.sourcewatch.org/index.php?title=Pennsylvania_and_coal) • More than half of PA's electricity comes from coal (http://www.eia.gov/state/state-energy-profiles-analysis.cfm?sid=PA) • U.S. has the most proven coal reserves of any country (http://rankingamerica.wordpress.com/2009/01/26/the-us-ranks-1st-in-coal/) • PA is 6th in proven coal reserves among US states (http://www.nma.org/pdf/c_reserves.pdf) • PA is home to the nation's largest mining machinery and equipment manufacturing industry, showcasing strength in the coal supply chain (from Don's sheet) • Consol Energy, the US's largest producer of bituminous coal, is headquartered in the Pittsburgh area. • As of 2009, PA coal directly and indirectly employs nearly 42,000 people

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