[Occupymendocino] Fracking Report Funded by Gas Industry
Richard Karch
rkarch at mcn.org
Thu Sep 12 09:24:54 PDT 2013
http://ecowatch.com/2013/pro-fracking-report-funded-by-gas-industry/
What the Media Left Out: Pro-Fracking Report Funded By Gas Industry September 6, 2013
Media Matters for America
By Denise Robbins
Multiple mainstream media outlets have covered a new report touting the economic benefits from frackingwithout disclosing the report’s industry funding.
The recently released study, America’s New Energy Future: The Unconventional Oil & Gas Revolution and the U.S. Economy, received widespread media attention on Thursday. The report, conducted by consulting group IHS CERA, was commissioned by multiple fossil fuel organizations that stand to benefit from growth in the oil and gas industry.
According to the report, the increase in unconventional oil and natural gas extraction has added an average of $1,200 in discretionary income to each U.S. household in 2012, and now supports 1.2 million jobs—projected to increase to 3.3 million by 2020. These figures are much larger than the findings of many previous economic studie
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