Report: Affordable Natural Gas — Made Possible by Fracking — Has Bolstered U.S. Manufacturing

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Date

Jan. 24, 2018

News Type

Media Highlight

Source

Energy In Depth

"A new report by researchers from environmental think tank Resources for the Future (RFF) found that the decline in natural gas prices brought on by shale development helped grow U.S. manufacturing employment by up to 1.8 percent between 2007 and 2012. This report also analyzed the impact of natural exports on manufacturing employment, finding such exports have a 'small effect.' Overall, these findings demonstrate how shale development has benefited the U.S. economy – and U.S. manufacturing specifically. However, some questions remain about the magnitude such benefits cited by report."

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