Shale Insight: Economist Says Natural Gas Boom Carrying U.S. Recovery
Observer-Reporter: For nearly an hour, Stephen Moore expended a lot of energy speaking about energy and the economy – and their inextricable link.
“You cannot understand economics unless you understand energy,” he said in his opening. “The industry is carrying the rest of the U.S. on its shoulders. Without the energy boom going on, there would be no economic recovery at all.”
Moore is a chief economist for the Heritage Foundation, a conservative research think tank from Washington, D.C. And his thoughts made an audience in the hundreds think Tuesday morning, as Shale Insight 2014 kicked off its two-day conference at the David L. Lawrence Convention Center.
This is the fourth annual Insight, and first conducted outside Philadelphia. It is organized by North Fayette Township-based Marcellus Shale Coalition, which supports oil and gas exploration companies and their supply chain partners in Marcellus Shale, the world’s largest natural gas deposit.
Read more: http://bit.ly/1vkEhAN
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- Opinion: Shale Revolution Deniers Face an Inconvenient Truth: http://bit.ly/1usFR6I
- Siemens CEO Shifts Focus to Energy: http://on.wsj.com/1sulR3A
- Colorado State Launches Water-Quality Monitoring in Oil, Gas Zones: http://dpo.st/1muineI GE to Give Penn State $10 Million for Natural Gas Drilling Center: http://bit.ly/1vkEOCO
By Mary Leschper
Originally posted September 25, 2014
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