America is blessed with abundant, clean, and affordable natural gas. As the amount of known natural gas reserves continually increases, we are also blessed with the technology to be environmentally responsible when accessing this resource. In my home State of Pennsylvania, the discovery and extraction of the Marcellus shale has been transforming. During the difficult years of an economy in recession, unemployment numbers in the Keystone State have remained well below the national rates. We can attribute a substantial portion of this prosperity to development related to this plentiful natural resource. A study by the Allegheny Institute for Public Policy is a recent testament to this fact. The report shows that rents and royalties reported on Pennsylvania income tax returns from 2006 to 2010 have increased 61 percent statewide and 119 percent in counties with Marcellus shale activity. Mr. Speaker, we must continue to responsibly develop this resource so that we ensure it offers future generations the same and greater economic opportunities. ____________________
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