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Economics of Unconventional Shale Gas Development

Case Studies and Impacts

  • Book
  • © 2015

Overview

Editors:
  1. William E. Hefley

    1. Katz Graduate School of Business, University of Pittsburgh, Pittsburgh, USA

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    You can also search for this editor in PubMed   Google Scholar

  2. Yongsheng Wang

    1. Washington and Jefferson College, Washington, USA

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    You can also search for this editor in PubMed   Google Scholar

  • Provides the first account of the impacts of unconventional shale gas development in the U.S. from an economic perspective
  • Presents a comprehensive picture using a wide range of research from multiple levels of analysis, from single wells to entire states
  • Contains findings in economics and policy from leaders of research and outreach in the field of shale gas research

Part of the book series: Natural Resource Management and Policy (NRMP, volume 45)

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Table of contents (10 chapters)

  1. Front Matter

    Pages i-vi
    Download chapter PDF

  2. Introduction

    • William E. Hefley, Megan K. Kiniry, Yongsheng Wang
    Pages 1-13

  3. Direct Economic Impact of the Value Chain of a Marcellus Shale Gas Well

    • William E. Hefley, Shaun M. Seydor
    Pages 15-45

  4. Analysis of the Shale Gas Economy in Washington County, Pennsylvania

    • Yongsheng Wang, Diana Stares
    Pages 47-69

  5. The Shale Gas Economy in the Northeast Pennsylvania Counties

    • Kirsten Hardy, Timothy W. Kelsey
    Pages 71-91

  6. Marcellus Shale and the Commonwealth of Pennsylvania

    • Timothy W. Kelsey, Kirsten Hardy
    Pages 93-120

  7. Eagle Ford and the State of Texas

    • Thomas Tunstall
    Pages 121-148

  8. Communities Experiencing Shale Gas Development

    • Kathryn J. Brasier, Lisa Davis, Leland Glenna, Timothy W. Kelsey, Diane K. McLaughlin, Kai Schafft et al.
    Pages 149-178

  9. Origins and Consequences of State-Level Variation in Shale Regulation: The Cases of Pennsylvania and New York

    • Ilia Murtazashvili
    Pages 179-201

  10. Sector Effects of Shale Gas Development

    • Alan Krupnick, Zhongmin Wang, Yushuang Wang
    Pages 203-232

  11. Achieving Balance Between Economic, Sociodemographic, Environmental, and Regulatory Concerns: A Shale Gas Perspective

    • Clifford A. Lipscomb, Sarah J. Kilpatrick, Yongsheng Wang, William E. Hefley
    Pages 233-246
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Keywords

About this book

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.

Editors and Affiliations

  • Katz Graduate School of Business, University of Pittsburgh, Pittsburgh, USA

    William E. Hefley

  • Washington and Jefferson College, Washington, USA

    Yongsheng Wang

Bibliographic Information

  • Book Title: Economics of Unconventional Shale Gas Development

  • Book Subtitle: Case Studies and Impacts

  • Editors: William E. Hefley, Yongsheng Wang

  • Series Title: Natural Resource Management and Policy

  • DOI: https://doi.org/10.1007/978-3-319-11499-6

  • Publisher: Springer Cham

  • eBook Packages: Business and Economics, Economics and Finance (R0)

  • Copyright Information: Springer International Publishing Switzerland 2015

  • Hardcover ISBN: 978-3-319-11498-9Published: 15 December 2014

  • Softcover ISBN: 978-3-319-35575-7Published: 23 August 2016

  • eBook ISBN: 978-3-319-11499-6Published: 03 December 2014

  • Series ISSN: 0929-127X

  • Series E-ISSN: 2511-8560

  • Edition Number: 1

  • Number of Pages: VI, 246

  • Number of Illustrations: 10 b/w illustrations, 26 illustrations in colour

  • Topics: Environmental Economics, Energy Policy, Economics and Management, Economic Policy

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