"Appalachia's fracking boom has failed to deliver on promises of jobs and benefits to local economies, according to a new study.
The study, published today by the Ohio River Valley Institute, a nonprofit think tank, revealed that while economic output in Appalachian fracking counties grew by 60 percent from 2008-2019, the counties' share of the nation's personal income, jobs, and population levels all declined. The analysis concluded that about 90 percent of the wealth created from shale gas extraction leaves local communities.
The study looked at the 22 counties in Ohio, Pennsylvania, and West Virginia that produce more than 90 percent of the region's natural gas. In 2008, those counties were responsible for $2.46 of every $1,000 of national economic output. By 2019, the counties were generating $3.31 of every $1,000 generated nationally—an increase more than triple the rate of national growth. But over the same period, those counties' share of the nation's personal income fell by 6.3 percent, their share of jobs fell by 7.5 percent, and their share of the nation's population fell by 9.7 percent."
Kristina Marusic reports for the Daily Climate February 11, 2021.
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