Claude R. Lambe Charitable Foundation

Richard Fink

Richard H. Fink


Bachelor's, master's and doctorate degrees in economics from Rutgers, UCLA and New York University, respectively. [1]

Food and Water Watch Report Exposes Lies About Oil and Gas Industry Jobs Claims

A report released today by Food and Water Watch (FWW) titled, “Exposing the Oil and Gas Industry’s False Jobs Promise for Shale Gas Development: How Methodological Flaws Grossly Exaggerate Jobs Projections,” exposes one of the key lies at the heart of the domestic oil and gas debate in the United States – inflated jobs potential.

The oil and gas industry has tried to stand on three legs, claiming that shale gas is good for the environment, good for American energy security and good for the economy. The first two legs have already been kicked out, and our new analysis kicks out the third,” said Food & Water Watch Executive Director Wenonah Hauter in a press release. “They have no legs left to stand on.”

Jobs Numbers Hugely Overestimated

FWW's study hones in on the arguments made in the July 2011 report written by the Public Policy Institute of New York State (PPINYS), titled, “Drilling for Jobs: What the Marcellus Shale Could Mean for New York.” That report concluded that by 2018, the development of 500 new shale gas wells each year in five key counties in the state of New York could create 62,620 new jobs.

The report is often cited in the mainstream media, particularly when attemping to “balance” arguments against fracking in the Marcellus Shale and other shale basins around the United States, namely that it is a dirty fossil fuel with a procurement process that is inherently toxic.

After sifting and winnowing through the scores of methodological flaws found in the PPINYS report, FWW discovered that, contrary to the rosy jobs numbers publicly disseminated, very few jobs will actually be created by drilling in these counties, and PPINYS has grossly over-projected job creation.

Rather than over 62,000 potential jobs, FWW's study shows that only 3,469 jobs would be created – a stark difference indeed.  

Greenpeace Airship Hovers Over Secretive Koch Summit with Message "Koch Brothers: Dirty Money"

UPDATE: Video footage of the Greenpeace airship flight below this post.

A Greenpeace airship today flew over the secretive Rancho Mirage polluter strategy meeting hosted by billionaire brothers Charles and David Koch of Koch Industries. Wealthy elite interests and oil tycoons arriving at the posh resort to plot their anti-democracy agenda were greeted with the aerial message “Koch Brothers: Dirty Money.”

Greenpeace also released information collected from tax records confirming that the Koch Family Foundations continue to fund climate denial organizations.  The most recent records available document that the Kochtopus dished out $6.4 million in 2009 to front groups and think tanks that spread inaccurate and misleading information about climate science and clean energy policies. That brings the Kochtopus’s confirmed Dirty Money total to $54.9 million since 1997, with the majority, $31.3 million, spent since 2005.

Profile: Koch Industries, Inc.

Koch Industries, Inc.

Background and History

Koch Industries, Inc. is the largest privately owned energy company in the United States, and the country's second largest private company.  According to Forbes, in 2007 Koch Industries generated $98 billion in revenue and had 80,000 employees.

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