The research and analysis firm IHS Global Insight has released a new study looking into the unconventional gas sector, and predicts that the shale gas boom will create nearly 1.5 million new jobs by 2015.
The huge sums invested in unconventional gas accounted for 1 million jobs in 2010 in both producing and no-producing states, and this figure is expected to grow to 2.4 million by 2035.
The shale gas boom will continue to drive the national economic growth, receiving $3.2 trillion in cumulative investment between 2010 and 2035, and contributing $332 billion to US gross domestic product by 2035.
“Shale Gas Boom will Create 2.4 Million Jobs by 2035″
No it won’t because it is more expensive to produce gas this way than to simply drill for it. As soon as the over-regulation from government goes away the shale gas industry will collapse just as the oil sands projects did back in the 1980′s.