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

? CLEAN ?Extraction

ProductionTransmission

UseDisposal

? ABUNDANT ?

410 TRILLION CU. FT.

84 TRILLION CU. FT.

ENERGY DEPT.

UNITED STATES GEOLOGICAL

SURVEY

30

Marcellus Shale Gas Estimate

Slashed 80%

“Sweet Spots” developed first in

a play spike production output

and are not representative of

the wells to be developed later.

? DOMESTIC ?

? 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

Thank You for Your Attention!

QUESTIONS?

joycehale43@gmail.com