The local Chautauqua perspective
Gregory Edwards, County Executive of Chautauqua County, acknowledges that not every single dollar made from natural gas drilling gets recycled back into local economies, and that most of the revenue for any specific New York town will be significantly less than the trillions of dollars (hypothetically speaking) potentially tied up in the ground statewide.
"[That's the reality] no matter what the industry you are in," Edwards said.
Chautauqua County houses the most natural gas drilling in New York. Its 5,000 wells are all conventionally drilled rather than being horizontally drilled and fracked. Edwards said the royalty and land lease checks associated with them have had a "dramatic impact" on local economies since drilling first took place several decades ago. He also says he is not aware of any analysis of the community's assessed revenue flow and its circulation in the area
The local Chautauqua perspective Gregory Edwards, County...
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