Article: Penn State Study: Marcellus Shale Development Expected to Create 98,000 Pennsylvania Jobs by 2010, $14.17 Billion Impact.

Proposed Severance Tax Would Hurt Jobs, Investment, and Result in $1.4 Billion in Less State and Local Tax Revenue *** Audio coverage from a news conference held earlier this morning about the study will be available today on the PA Marcellus Web site. Visit www.pamarcellus.com after 3:00 p.m. to access the audio feed.***

HARRISBURG, Pa., July 27 /PRNewswire/ -- Marcellus Shale development will pump $14.17 billion into the state's economy in 2010 and create more than 98,000 jobs, while generating $800 million in state and local tax revenues, according to an economic study completed by the Pennsylvania State University for the Marcellus Shale Committee and the ...

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