MORGANTOWN, W.Va. (AP) -- A pro-industry group said Wednesday that if it's allowed to continue, shale-gas development in West Virginia could support more than 29,000 jobs by 2020, doubling to 58,000 by the year 2035.
The new report issued by the U.S. Chamber of Commerce's Institute for 21st Century Energy says the natural gas industry has already created more than 11,800 direct and indirect jobs in the state and generated about $283 million this year alone in tax revenue.
Those revenues could hit $884 million a year for state and local governments by 2020, the report says. In all, it predicts West Virginia could see more than $25 billion in shale-driven revenues between 2012 and 2035.
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