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Interdependency of Economics and the Environment when Discussing Natural Gas Development By Joyce Hale National League of Cities Energy, Environment and.

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Presentation on theme: "Interdependency of Economics and the Environment when Discussing Natural Gas Development By Joyce Hale National League of Cities Energy, Environment and."— Presentation transcript:

1 Interdependency of Economics and the Environment when Discussing Natural Gas Development By Joyce Hale National League of Cities Energy, Environment and Natural Resources Steering Committee September 14, 2012

2 ? CLEAN ? Extraction Production Transmission Use Disposal

3 ? ABUNDANT ? 410 TRILLION CU. FT. 84 TRILLION CU. FT. ENERGY DEPT. UNITED STATES GEOLOGICAL SURVEY 30 Marcellus Shale Gas Estimate Slashed 80%

4 “Sweet Spots” developed first in a play spike production output and are not representative of the wells to be developed later.

5 ? DOMESTIC ?

6 ? AFFORDABLE ? For how long?…… Influence of world market More costly wells to develop Externalized Costs…… Public health & environmental damage Road and highway repairs Losses in property values

7 Thank You for Your Attention! QUESTIONS? joycehale43@gmail.com


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