According to the Times-Tribune: “A new Penn State study of the economic impacts of the Marcellus Shale has found that Pennsylvania natural gas development in 2009 created roughly half the jobs and economic activity reported in earlier, industry-financed studies.” The researchers “found that “a significant portion” of the money left the community where the land [...]

A study conducted by researchers at Penn State and funded by the Marcellus Shale Coalition, an industry funded organization, released data based on DOE predictions which optimistically claimed benefits of shale production within the Marcellus formation. Unfortunately, less than one month later the DOE, after careful review by the USGS, has slashed its estimates of [...]

Take a look at the latest story from the New York Times on shale gas revisions by the DOE. http://www.nytimes.com/2011/08/25/us/25gas.html