Senator Joyce Elliott will tour the Fayetteville Shale on Tuesday, October 5, 2010 at 9:00am.
"It is important that we look at new opportunities for job creation in Arkansas." stated Elliott.
"There is no question that natural gas has an impact on the Arkansas economy both in terms of added revenue through taxes and personal income for Arkansas families." Elliott continued. In order to continue to grow the Arkansas economy we need to look at job opportunities particularly in the renewable energy fields. It is critical that we are prepared in terms of resources, training, and education. "We cannot afford to let economic development opportunities pass us by." said Elliott.
Since 2008, the Shale has had a $17.9 billion economic impact for Arkansas as well as fostering job opportunities that have created over 30,000 jobs. The Fayetteville Shale is vital to the new economy in Arkansas. Clean energy is the future for Arkansas and natural gas will play a major role in reigniting the Arkansas economy. "It is important that we explore new areas of job creation in Arkansas." concluded Elliott.
"I am excited to tour the Fayetteville Shale and see firsthand how economic development opportunities like the Shale can impact Arkansas's economy as a whole." said Elliott.