Fueling up [electronic resource] : the economic implications of America's oil and gas boom / Trevor Houser and Shashank Mohan.

Fueling up [electronic resource] : the economic implications of America's oil and gas boom / Trevor Houser and Shashank Mohan.

9780881326574 electronic book
9780881326567

Washington, DC : Peterson Institute for International Economics, 2013.

English

1 online resource (xv, 171 pages) : illustrations.

HD9565 .H68 2013eb

338.2/7280973

New drilling techniques for oil and natural gas are propelling an energy production renaissance in the United States. As the US economy struggles to emerge from the Great Recession, many see the boom as a possible source of economic salvation that could reduce unemployment and revitalize American manufacturing. Until now, however, there has been little objective analysis of the energy boom s economic consequences. In this major study, Trevor Houser and Shashank Mohan fill that gap. Houser and Mohan assess the impact of the recent and projected increase in domestic energy production on US GDP, employment growth, manufacturing competitiveness, household expenditures, and international trade balance. Alongside its economic impact, they also explore the consequences for the environment and global warming, providing guidance for policymakers to navigate these issues.

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