Shale gas drilling to add 870,000 US jobs

Filed under: AM Roundup |

Producing natural gas from shale will create 870,000 new jobs, according to reports in Bloomberg.

The economic impact will equal $118 billion during the next four years, said a report from consultant IHS Global Insight.

Gas from shale, which totals about 34 percent of all U.S. output, will also add $57 billion to state, local and federal coffers, said the report.