bbls./day by 2000. Eight gas processing plants and three petrochemical 

 complexes would be required. Employment in the study area, Bristol County, 

 MA, would be seven to nine percent higher than estimates without OCS 

 development. Up to 44,000 people would move into the county. 



Gribalunas' report, Offshore Petroleum and New England , created 

 scenarios on low and high find cases of petroleum production. These 

 were then analyzed according to the direct investments related to that 

 development and the potential of refinery activity in New England. The 

 economic consequences of the scenarios for Bristol County, MA, was presented. 

 Finally, the report included a discussion of adjustment for the net 

 actual increase in national economic activity due to the shifting of 

 investment and resources to petroleum development rather than some 

 other type of activity in the region. 



The Arthur D. Little study, Effects on New England of Petroleum 

 Related Development , developed information on the regional effects of 

 23 modules related to petroleum development, including refineries, 

 petrochemical plants, marine terminals, and exploration/production. 

 The discussion of each module included the capital investment by 

 type of expenditure, operating expenses, and regional economics. In- 

 cluded in the latter were estimates of primary and secondary employ- 

 ment wages in 1974 dollars, state and local taxes generated, and 

 important economic issues related to each facility. The bulk of the 

 report contains a great deal of background material and discussion of 

 the reasoning behind each module summary. The focus of the report is 

 on general regional effects, and a major conclusion is that the ma- 

 jority of both benefits and costs of petroleum development will be 



felt at the local level . 



47 



