The gas boom | Arkansas Blog

Tuesday, April 15, 2008

The gas boom

Posted By on Tue, Apr 15, 2008 at 3:33 PM

Arkansas Business covers a business conference at which a Chesapeake Energy executive predicts that investment in the Fayetteville shale gas exploration will dramatically exceed previous estimates before it's over. He puts the figure at $75 to $100 billion over the next decade.

That's good. And better still that the legislature passed a severance tax so Arkansas, like other states that have enjoyed major oil and gas exploration, will have something to show for the common good from that exploration.

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