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Line 5 Shutdown Would Cause at Least $20.8B in Losses to Michigan, Ohio, Indiana and Pennsylvania, Analysis Finds

Line 5 Shutdown Would Cause at Least $20.8B in Losses to Michigan, Ohio, Indiana and Pennsylvania, Analysis Finds
05/10/2021 | 02:24pm EDT
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Consumer Energy Alliance Releases Report Highlighting Economic Impacts to Midwest and Great Lakes Consumers from Reckless Line 5 Closure
An unnecessary and premature shutdown of the Line 5 pipeline risks at least 33,000 jobs and a minimum of $20.8 billion in economic losses to consumers in Michigan, Ohio, Indiana and Pennsylvania, an independent third-party analysis requested by Consumer Energy Alliance (CEA) finds.
Weinstein, Clower and Associates used the IMPLAN economic input-output model to examine the potential economic losses and business disruptions those states, others nearby and Canadian provinces would sustain as a result of the closure of Enbridge’s Line 5, a vital piece of regional energy infrastructure. ....

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Publications - Research & Commentary: Fracking Revolution Saved Indiana Residents and Businesses $12 Billion Over the Past Decade

Publications
Never lose a debate with a global warming alarmist!

February 4, 2021
Residential Consumers Saved $4.6 Billion, Commercial And industrial Consumers Saved $8.1 Billion
The massive increase in domestic shale development, led by hydraulic fracturing (“fracking”), has caused natural gas prices to plummet in Indiana, according to a report from the Consumer Energy Alliance (CEA). Consequently, residents and businesses in the Hoosier State saved more than $12.7 billion from 2009 to 2019.
“Expanded and modernized natural gas infrastructure” over the past decade saved residential consumers in Indiana $4.6 billion by reducing natural gas prices by 31 percent, while commercial and industrial consumers saved over $8.1 billion combined, thanks to a nearly 50 percent drop in prices. ....

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