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"The shale energy revolution will unleash massive wealth for American workers and families."

Donald Trump

Numerous studies have found that shale development already provides substantial economic benefits to American workers and families. A recent study from the University of Chicago’s Energy Policy Institute concluded that shale development has a net benefit for communities where production takes place, raising employment by 10 percent, boosting local housing prices by over six percent, and contributing an economic benefit of $1,300 to $1,900 per household annually. Moreover, shale development is a major driver of economic investment and jobs – and not just in energy production. For example, thanks to the influx of natural gas produced through fracking, 310 new chemical industry projects are currently planned, under construction or completed in United States, contributing an estimated $185 billion in investment and 464,000 direct and indirect jobs through 2025.

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