Haynesville Shale's impact goes beyond energy industry

The recent recognition of the Shreveport-Bossier City area by the Daily Beast, a national New York-based news and opinion website affiliated with Newsweek, as one of the top 25 best destinations for recent college graduates is a prime example of how exploration of the Haynesville Shale brings economic benefits to the area and the state that go far beyond just the people working directly for the energy industry.

Activity in the Haynesville Shale, noted by the U.S. Energy Information Administration this past winter as the top-producing U.S. natural gas play, began in 2008 and 2009, at roughly the same time the rest of the nation was feeling the impact of the depths of recessionary conditions

With Haynesville Shale activity came new jobs in the oil and natural gas industry — from expanded field and pipeline operations to the opening and expansion of offices and support industry facilities — as well as new wealth for property owners and increased funding for local government. With that growth comes opportunities in other industries to feed more customers, sell more cars, trucks and homes, rent more property and do more business in many other sectors.

Source: Shreveport Times

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