Blog Posts > Analyst: Gas Boom Kept W.Va. from Facing Kansas-like Shortfalls
June 21, 2015

Analyst: Gas Boom Kept W.Va. from Facing Kansas-like Shortfalls

Clarksburg Exponent-Telegram – West Virginia was one natural gas boom away from facing the same kind of shortfall that had Kansas’s state government struggling to balance its budget earlier this month. Read

That’s according to Sean O’Leary, a fiscal policy analyst with the West Virginia Center on Budget and Policy.

West Virginia’s government has experienced a budget shortfall the past three years and is projected to face a shortfall again in 2016, O’Leary said.

“We had $100 million budget gaps some of those years, but the budget gaps would’ve been a whole lot worse had we not had that natural gas boom,” O’Leary said. “And if you go back and look at what they were projecting at that time, nobody anticipated the Marcellus boom. So we sort of lucked into only having $100 million budget gaps, as opposed to the bigger budget gaps they saw in Kansas.”

Donate Today!
Icon with two hands to donate today.
Donate

Help Us Make West Virginia a Better Place to Live

Subscribe Today!
Icon to subscribe.
Subscribe

Follow Our Newsletter to Stay Up to Date on Our Progress

Thanks for reading our post 🙂

We have a great newsletter, join below:

Select list(s) to subscribe to


By submitting this form, you are consenting to receive marketing emails from: West Virginia Center on Budget and Policy, 8 Capitol Street, Charleston, WV, 25301. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact