1.

Record Nr.

UNINA9910298514403321

Titolo

Economics of Unconventional Shale Gas Development : Case Studies and Impacts / / edited by William E. Hefley, Yongsheng Wang

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2015

ISBN

3-319-11499-9

Edizione

[1st ed. 2015.]

Descrizione fisica

1 online resource (248 p.)

Collana

Natural Resource Management and Policy, , 0929-127X ; ; 45

Disciplina

330

333.7

333.79

338.9

Soggetti

Environmental economics

Energy policy

Economic policy

Environmental Economics

Energy Policy, Economics and Management

Economic Policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

1. Introduction -- 2. Direct Economic Impact of the Value Chain of a Marcellus Shale Gas Well -- 3. Economic Impact Analysis on Washington County, PA -- 4. Economic Impact Analysis on Northeast PA Counties -- 5. Marcellus and the State of Pennsylvania -- 6. Marcellus and the State of West Virginia -- 7. Barnett, Eagle Ford, and the State of Texas -- 8. Communities under the Boom of Shale Gas Development -- 9. Origins and Consequences of State-level Variation in Shale Regulation: The Cases of Pennsylvania and New York -- 10. Balance between Economics and Environment: a Shale Gas Perspective.

Sommario/riassunto

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.