Wednesday, May 9

3675 new Natural Gas wells approved by President Obama in Utah

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Yesterday, the Obama administration announced the approval of up to 3,675 new Natural Gas wells in an area 170 miles south of Salt Lake City Utah. U.S. Interior Secretary Ken Salazar made the announcement.

The new wells would support up to 4,000 new jobs at the start up and maintain just over 3,000 through the life cycle of the new wells.

Though this announcement will barely scratch the surface of the national unemployment problems, it does represent a shift in the dynamic of the current administration.

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