Quantcast

What the Media Left Out: Pro-Fracking Report Funded By Gas Industry

Energy

Media Matters for America

By Denise Robbins

Multiple mainstream media outlets have covered a new report touting the economic benefits from fracking without disclosing the report's industry funding.

The recently released study, America's New Energy Future: The Unconventional Oil & Gas Revolution and the U.S. Economy, received widespread media attention on Thursday. The report, conducted by consulting group IHS CERA, was commissioned by multiple fossil fuel organizations that stand to benefit from growth in the oil and gas industry.

According to the report, the increase in unconventional oil and natural gas extraction has added an average of $1,200 in discretionary income to each U.S. household in 2012, and now supports 1.2 million jobs—projected to increase to 3.3 million by 2020. These figures are much larger than the findings of many previous economic studies.

However, multiple major news outlets, including Reuters, CNBC, Forbes.com, and the Los Angeles Times, covered the new report with no mention of its financial ties to the industry. The research was monetarily supported by America's Natural Gas Alliance, the American Petroleum Institute, the American Chemistry Council, the Natural Gas Supply Association and others who stand to gain economically from an unregulated increase in fracking.

Kyle Isakower, vice president of regulatory policy at the American Petroleum Institute—the largest trade association for the oil and gas industry—lauded the new report, saying "[f]or an organization like the American Petroleum Institute, being able to cite the findings and reputation of IHS goes a long way toward making its point to government officials."

According to Steve Forde, vice president of policy and communication at the Marcellus Shale Coalition (an industry trade group), economic impact studies such as this are "an important advocacy tool" for industry development.

Bloomberg, which did disclose the report's industry ties, reported that the IHS report didn't take potential environmental impacts from extracting unconventional oil and gas through drilling and fracking, such as groundwater contamination and strains on water resources, into account.

Visit EcoWatch’s FRACKING page for more related news on this topic.

——–

EcoWatch Daily Newsletter

A roller coaster on the Jersey Shore flooded after Hurricane Sandy. Photo credit: Hurricane_Sandy_New_Jersey_Pier.jpg: Master Sgt. Mark C. Olsen / U.S. Air Force / New Jersey National Guard / CC BY 2.0

New Jersey will be the first state in the U.S. to require builders to take the climate crisis into consideration before seeking permission for a project.

Read More
The Director of the Chinese Center for Disease Control and Prevention, Gao Fu speaks on Jan. 26 during a press briefing on studying the 2019-nCoV coronavirus and developing a vaccine to prevent it. Roman Balandin / TASS / Getty Images

Editor's note: The coronavirus that started in Wuhan has sickened more than 4,000 people and killed at least 100 in China as of Jan. 27, 2020. Thailand and Hong Kong each have reported eight confirmed cases, and five people in the U.S. have been diagnosed with the illness. People are hoping for a vaccine to slow the spread of the disease.

Read More
Sponsored
Healthline ranks Samoas, seen above, as the 11th healthiest Girl Scout Cookie. brian / Flickr / CC BY-ND 2.0

By Nancy Schimelpfening

  • Nutrition experts say healthy eating is about making good choices most of the time.
  • Treats like cookies can be eaten in moderation.
  • Information like total calories, saturated fat, and added sugars can be used to compare which foods are relatively healthier.
  • However, it's also important to savor and enjoy what you're eating so you don't feel deprived.

Yes, we know. Cookies aren't considered a "healthy" food by any stretch of the imagination.

Read More
Actress Jane Fonda is arrested during the "Fire Drill Friday" Climate Change Protest on Oct. 25, 2019 in Washington, DC. John Lamparski / Getty Images

When you see an actor in handcuffs, they're usually filming a movie. But when Jane Fonda, Ted Danson, Sally Field, and other celebrities were arrested in Washington, D.C., last fall, the only cameras rolling were from the news media.

Read More
A solitary Dungeness crab sits in the foreground, at low tide on an overcast day. The crabs' shells are dissolving because of ocean acidification on the West Coast. Claudia_Kuenkel / iStock / Getty Images

As the Pacific Ocean becomes more acidic, Dungeness crabs, which live in coastal areas, are seeing their shells eaten away, according to a new study commissioned by the National Oceanic and Atmospheric Administration (NOAA).

Read More