Skip to comments.Study shows shale boom provides boost to trucking
Posted on 02/05/2013 5:53:22 PM PST by 2ndDivisionVet
Shale energy exploration, the growing practice of deep horizontal drilling to harvest oil and natural gas previously beyond reach, has changed Americas energy industry and overall economy.
The fact that natural gas prices are at a ten-year-low is a strong indicator of this positive change. And in the areas where the actual drilling occurs Ohio, Pennsylvania, Texas, Louisiana and North Dakota there are even more direct economic impacts of what has been called the shale boom.
Benesch, an Ohio based firm with expertise in transportation law, recently collaborated with National Tank Truck Carriers in Washington, D.C. and the Ohio Trucking Association to develop and execute a survey examining the shale booms impact on trucking on both a national and state level.
Members of each trade association were asked to complete a digital survey designed to explore the current status of trucking as it related to the oil and gas industry and expectations for the future. Surveys were sent to all members of each association, who are spread out geographically across the U.S. and Ohio respectively.
We decided to look at trucking because, as many economists will tell you, it is an important harbinger of economic vitality and change, says Richard Plewacki...
(Excerpt) Read more at truckinginfo.com ...
And gas is still twice the price when 0bama assumed power.
Didn’t mention Wyoming.
Interstate trucking shouldn’t exist it should all be run on rail. Infinitely more efficient. Or switch to natural gas.
Quite possibly one of the dumbest things ever written on Freerepublic.