Shale gas set to propel US manufacturing: PwC

Dec 15, 2011 | 04:56 PM | Jo Isenberg-O’Loughlin

Tags  US manufacturing, PricewaterhouseCoopers, job creation, Bob McCutcheon, National Association of Manufacturers, Jo Isenberg-O'Loughlin

NEW YORK — A report by PricewaterhouseCoopers LLP (PwC) goes a step beyond celebrating the "game-changing" potential of shale gas to quantify the impact that developing the Marcellus, Utica, Bakken, Barnett and Eagle Ford shales would have on job creation and the competitiveness of U.S. manufacturing.

"An under-appreciated part of the shale gas story is the substantial cost benefits that could become available to manufacturers based upon estimates of future natural gas prices as more shale gas is recovered," Robert McCutcheon, U.S. industrial products leader at PwC, said at a media briefing accompanying the release of the report.....

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