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Economic Impacts of Natural Gas Production

By Economic Development Research Group for Equitable Resources (EQT), 2008

As part of its continuing series of study of the economic impact of energy projects, EDR Group evaluated the annual economic impacts of natural gas production in the Appalachian Basin for Equitable Resources (EQT). The firm holds natural gas "mining" concessions in four states.

The study of economic impacts encompassed on-going operations as well as capital projects related to well development, pipeline expansion and compression plant construction were evaluated for SW Pennsylvania, West Virginia, Kentucky and Virginia using IMPLAN models. A tally of taxes contributed by EQT to state and local jurisdictions was also included. This information was developed to supplement EQT's annual report development as well as for use in governmental affairs.