https://hotair.com/headlines/archives/2012/12/24/dont-kill-the-shale-gas-boom/feed/HotAir is the leading conservative blog for breaking news and commentary covering the Biden administration, politics, media, culture, and current elections.en-usWed, 10 Jun 2026 00:40:25 -0400<![CDATA[By one study, the gas boom has created nearly 500,000 jobs for producers and their suppliers. Surging output has reduced wellhead prices more than half from stratospheric 2008 levels. In 2012, residential gas bills (which also cover transportation and distribution costs) are down 21 percent from 2008. Manufacturers consume about a third of U.S. natural gas as both a heating fuel and a petrochemical feedstock. Low prices are promoting investment by energy-intensive firms. Companies have announced at least 100 new projects or expansions worth an estimated $90 billion, estimates Dow Chemical.]]>Mon, 24 Dec 2012 16:20:24 -0500<![CDATA[Allahpundit]]>https://hotair.com/headlines/2012/12/24/dont-kill-the-shale-gas-boom-n98569