Tuesday, September 10, 2013

Fracking has helped more poor people than government programs, and other fracking links

1. Story title says "Marcellus Shale not Beneficial".

This is a poor title for the story.  They basically argue for a larger fee for those who extract natural gas from fracking.  I don't think they do a good job arguing that Marcellus Shale isn't beneficial.

2. Fracking helps more poor people than welfare.

An excerpt:
The Mercator study notes low natural gas prices help low-income families the most because they spend a larger share of their income on energy. Despite energy subsidies:
 " . . . lower natural gas prices have still shaved $10 billion a year from the utility bills of poor families."
By comparison, LIHEAP provided approximately $3.5 billion in home-heating subsidies to about nine million households in 2012, the Journal reports.  That is only 35 percent of the benefit from lower gas prices.
3. Information on an upcoming webinar from Penn State.

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