The Cayuga Lake Watershed is distinctive in its natural beauty and economic vitality, with striking natural features, healthy urban centers, several renowned academic institutions, and productive rural landscapes (1).
Although gas development would bring gas industry jobs, associated services, and royalties for struggling landowners, it would also harm our existing agriculture and tourism trades because it requires heavy industrial activity across the landscape. There has been insufficient attention to these impacts by gas drilling advocates. Several studies have found that regions subjected to intensive energy extraction, including gas development, have suffered economically in the long term in comparison to non-urban regions not experiencing such activity (1, 10).
Even the direct economic benefits to landowners and municipalities are often disappointing because shale plays are turning out to be far less productive than projected by the gas industry (11).
Economic Impacts References:
1. Tompkins County Council of Governments. 2011. Community impact assessment: High volume hydraulic fracturing: http://www.tompkins-co.org/tccog/
10. Freudenburg, W.R. and L.J. Wilson. 2002. Mining the data: Analyzing the economic implications of mining for nonmetropolitan regions. Sociological Inquiry 72:549-575:http://www.tcgasmap.org/media/Mining%20Economic%20Implications%20for%20Rural%20Areas.pdf
11. Berman, A.E. 2009. Facts are stubborn things. Association for the Study of Peak Oil and Gas – USA. (This is a censored article written by for World Oil, a petroleum industry trade publication, by one of its contributing editors): http://www.aspousa.org/index.php/2009/11/facts-are-stubborn-things-arthur-e-berman-november-2009/