Marcellus Shale: Hydrofracking would create win-win situation
Written by Written by Rob Lillpopp on August 31, 2010 – 5:47 am

Hudson A. Wilkin writes in a letter to the editor on Pressconnects.com - “The New York state Department of Conservation must allow the natural gas companies to use hydraulic fracturing to obtain the natural gas. Everything mankind has ever done has had both benefits and risks, and this time the benefits outweigh the risks. The DEC and those who are against hydrofracking want to have a 100 percent risk-free situation before they will allow the use of hydrofracking, which is impossible.

If the DEC allows hydrofracking, natural gas companies will hire hundreds of employees, who will spend their income in New York. The services that these people and their families will use, and the goods they will buy, will require other businesses to hire more people so they can meet increased demand for their products and services. With the increase in sales, more sales tax money will be collected by villages, cities, towns, counties and the state, which will reduce the amount of property and income taxes that have to be paid.

These newly employed people will be paying village, city, town, county, school, property, state and federal taxes; since more people are paying taxes, the burden is more spread out, and each taxpayer will be required to pay a smaller portion of the total taxes owed each year.”

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