Economics of unconventional shale gas development [electronic resource] : case studies and impacts / edited by William E. Hefley, Yongsheng Wang.

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Economics of unconventional shale gas development [electronic resource] : case studies and impacts / edited by William E. Hefley, Yongsheng Wang.

9783319114996 electronic book
3319114999 electronic book
9783319114989

Cham : Springer International Publishing, [2015]

English

1 online resource.

10.1007/978-3-319-11499-6 doi

HC79.E5

333.7

This book examines the economics and related impacts of unconventional shale gas development. While focusing on the Marcellus and Utica Shales in the Mid-Atlantic region, additional insights from other regions are included to provide a broader view of these issues. Shale gas development in recent years has changed the energy discussion in the US, as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible. The importance of natural gas is seen as likely to continue to expand over the coming years, and is expected to increase even further with environmental considerations, such as greenhouse gas emissions. Horizontal drilling and hydraulic fracturing producing natural gas from deposits such as the Marcellus Shale is making the US a net producer of natural gas. Previous studies have examined the economic impact of exploration and production in the region. Other studies have addressed legal, environmental, biodiversity, and public health impacts of unconventional shale development. This is the first volume to focus solely on the economics and related financial impacts of this development. This book not only fills the research gap, but also provides information that policy makers and the public need to better understand this pressing issue.

ReferencesEagle Ford and℗ the℗ State of℗ Texas; Introduction; Background; Sustainable Community Development; Educational Attainment; Opportunities for℗ Economic Diversification; Sales Tax Revenue; County Transportation and℗ Infrastructure; Road Damage; Estimated Costs for℗ Repair; Donations from℗ Oil and℗ Gas Companies; Implications for℗ the℗ Political Landscape; Potential Funding Sources for℗ Roads; Railroads and℗ Eagle Ford; Eagle Ford and℗ the℗ Texas Gulf Coast; Port of℗ Corpus Christi; Crude Oil and℗ Eagle Ford; Natural Gas and℗ Power Generation; Increased Use of℗ Natural Gas Vehicles

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Natural resource management and policy ; 45.

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