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Domestic Oil and Natural Gas Seen to Raise American Household Incomes by $1,200

2013-09-04 15:40:00| Climate Ark Climate Change & Global Warming Newsfeed

USA Today: Newly found sources of domestic oil and natural gas are having an even bigger impact on the economy than first projected, adding more than $1,200 last year to the discretionary income of the average U.S. family, a new study says. The explosion in domestic energy production now supports 1.2 million jobs, directly or indirectly, says consulting firm IHS, in a study released Wednesday. That number will grow to 3.3 million by 2020, and new energy's contribution to U.S. families' disposable incomes...

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