interdependency of economics and the environment when discussing natural gas development
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Interdependency of Economics and the Environment when Discussing Natural Gas Development By Joyce Hale. - PowerPoint PPT PresentationTRANSCRIPT
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Interdependency of Economics
and the Environment
when Discussing Natural Gas
Development
By Joyce Hale
National League of Cities Energy, Environment and Natural
Resources Steering Committee September 14, 2012
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? CLEAN ?Extraction
ProductionTransmission
UseDisposal
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? ABUNDANT ?
410 TRILLION CU. FT.
84 TRILLION CU. FT.
ENERGY DEPT.
UNITED STATES GEOLOGICAL
SURVEY
30
Marcellus Shale Gas Estimate
Slashed 80%
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“Sweet Spots” developed first in
a play spike production output
and are not representative of
the wells to be developed later.
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? DOMESTIC ?
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? AFFORDABLE ?For how long?……
Influence of world market More costly wells to develop Externalized Costs…… Public health & environmental damage Road and highway repairs Losses in property values