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Economics of Unconventional Shale Gas Development

Economics of Unconventional Shale Gas Development

Case Studies and Impacts

by William E. Hefley and Yongsheng Wang
Paperback
Publication Date: 23/08/2016

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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.
ISBN:
9783319355757
9783319355757
Category:
Environmental economics
Format:
Paperback
Publication Date:
23-08-2016
Publisher:
Springer International Publishing AG
Country of origin:
Switzerland
Pages:
246
Dimensions (mm):
235x155x13mm
Weight:
3.87kg

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