Penn State: Gas-Drilling Royalties to Boost Economy

STATE COLLEGE, Pa. (AP) — With energy companies rushing to lock up rights to suddenly valuable deposits of natural gas, royalties earned by Pennsylvania landowners will ripple through the broader state economy, according to a Penn State University forecast.

Royalty payments will spur additional spending by landowners throughout the economy and lead to the creation of new jobs that will attract workers, researchers said.

For the complete story, visit pennlive.com.