Tuesday, May 13, 2014

Quoted in a story on fracking in The Buffalo News

Those figures leave out the ancillary growth that occurred because of gas drilling – the building of new hotels and gas company facilities, for example, and the growth in the local trucking industry that has suddenly had to ship the vast quantity of water required in the fracking process.
“The exact number of jobs that would be created, I don’t know that. I don’t know if anyone knows that,” said Matthew Rousu, an economics professor at Susquehanna University in Selinsgrove, Pa. “There’s a pretty big trickle-down effect, what they call the ‘multiplier effect.’ Nobody knows how large it is, but it certainly exists.”
Hints of the trickle-down effect can be seen in construction employment in the Pennsylvania counties with the most newly drilled gas wells.

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