Oil and Gas Industry Is Inflating the Job-Creating Potential of Shale Gas Development by as Much as 900 Percent

Print

Fracking employment highly exaggeratedMajor oil and gas interests are spending millions to convince Americans that they can lift us from our economic slump in part by fracking our nation's shale gas reserves.

But a new set of analyses released today by the national consumer advocacy organization Food & Water Watch finds that the oil and gas industry is exaggerating the job-creating potential of shale gas development, in one case by 900 percent.

"The industry has exploited our economic woes to promote shale gas, yet actual employment data shows that it is not a cure-all for our nation's economic challenges; the money to be made from shale gas development will mostly just benefit oil and gas executives," said Food & Water Watch Executive Director Wenonah Hauter.

More...