The crisis in Ukraine underscores the need for the European Union to consider imports of natural gas from the U.S. and development of domestic resources to diversify supplies, President Barack Obama said.
The U.S. shale boom is beginning to ripple outward to American cities. The shale mining industry's rising demand for materials and equipment along with the abundance of cheap fuel are fueling a modest renaissance in American manufacturing, according to a report prepared by IHS Global insight for the U.S. Conference of Mayors.
Energy-intensive manufacturing employment will increase by more than 1 percent a year in the United States through 2020, with 72 percent of those jobs going to metropolitan areas, according to a report released on Thursday.
Union workers, farmers, landowners and local businesses on Monday announced they have formed a grass roots coalition striving for a chance to grow natural gas drilling jobs by tapping into the Marcellus Shale beneath many of New York's counties.