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| economic impacts of fracking: The Fracking Debate Daniel Raimi, 2017-12-26 Over roughly the past decade, oil and gas production in the United States has surged dramatically—thanks largely to technological advances such as high-volume hydraulic fracturing, more commonly known as “fracking.” This rapid increase has generated widespread debate, with proponents touting economic and energy-security benefits and opponents highlighting the environmental and social risks of increased oil and gas production. Despite the heated debate, neither side has a monopoly on the facts. In this book, Daniel Raimi gives a balanced and accessible view of oil and gas development, clearly and thoroughly explaining the key issues surrounding the shale revolution. The Fracking Debate directly addresses the most common questions and concerns associated with fracking: What is fracking? Does fracking pollute the water supply? Will fracking make the United States energy independent? Does fracking cause earthquakes? How is fracking regulated? Is fracking good for the economy? Coupling a deep understanding of the scholarly research with lessons from his travels to every major U.S. oil- and gas-producing region, Raimi highlights stories of the people and communities affected by the shale revolution, for better and for worse. The Fracking Debate provides the evidence and context that have so frequently been missing from the national discussion of the future of oil and gas production, offering readers the tools to make sense of this critical issue. |
| economic impacts of fracking: When Fracking Comes to Town Sabina E. Deitrick, Ilia Murtazashvili, 2022-01-15 When Fracking Comes to Town traces the response of local communities to the shale gas revolution. Rather than cast communities as powerless to respond to oil and gas companies and their landmen, it shows that communities have adapted their local rules and regulations to meet the novel challenges accompanying unconventional gas extraction through fracking. The multidisciplinary perspectives of this volume's essays tie together insights from planners, legal scholars, political scientists, and economists. What emerges is a more nuanced perspective of shale gas development and its impacts on municipalities and residents. Unlike many political debates that cast fracking in black-and-white terms, this book's contributors embrace the complexity of local responses to fracking. States adapted legal institutions to meet the new challenges posed by this energy extraction process while under-resourced municipal officials and local planning offices found creative ways to alleviate pressure on local infrastructure and reduce harmful effects of fracking on the environment. The essays in When Fracking Comes to Town tell a story of community resilience with the rise and decline of shale gas production. Contributors: Ennio Piano, Ann M. Eisenberg, Pamela A. Mischen, Joseph T. Palka, Jr., Adelyn Hall, Carla Chifos, Teresa Córdova, Rebecca Matsco, Anna C. Osland, Carolyn G. Loh, Gavin Roberts, Sandeep Kumar Rangaraju, Frederick Tannery, Larry McCarthy, Erik R. Pages, Mark C. White, Martin Romitti, Nicholas G. McClure, Ion Simonides, Jeremy G. Weber, Max Harleman, Heidi Gorovitz Robertson |
| economic impacts of fracking: Economics of Unconventional Shale Gas Development William E. Hefley, Yongsheng Wang, 2014-12-03 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. |
| economic impacts of fracking: The Politics of Fracking Sarmistha R. Majumdar, 2018-08-29 Over the last decade, the oil and gas industry has garnered a lot of support from the United States federal and state governments in the name of energy independence and economic prosperity. More specifically, hydraulic fracturing or fracking is said to not only make the production of affordable energy possible but also reduce emissions of carbon dioxide by substituting coal with natural gas in the utility sector. Behind the façade of many socio-economic and political benefits, the process of fracking causes serious environmental concerns. Dismissing the negative externalities of fracking simply raises the question, to what extent have communities close to fracking sites been adversely impacted by it? In this book, Sarmistha R. Majumdar studies four communities close to fracking well sites in Texas to help illustrate to what extent fracking regulations have been developed in Texas and how effective these regulations have been in safeguarding the interests of individuals in local communities amidst the lure of economic gains from the extraction of oil and natural gas from shale formations. Majumdar has developed a model to show stage by stage community actions to regain their quality of life and the consequences of their actions, if any, on state and local regulations and ordinances, and the oil and gas industry. This book will be an important resource for scholars of environmental and natural resource politics and policy in the United States. |
| economic impacts of fracking: Fracking America Walter M. Brasch, 2016-07-22 In his most provocative and in-depth investigation to date, award-winning journalist Walter M. Brasch digs deep into the issue of fracking, and extracts the truth about the process and effects. FRACKING AMERICA is the most extensive and comprehensive look at fracking of any of the books about fracking, with a focus upon how fracking impacts the individual, both those who live near gas wells and those who can be affected but live far from major shale fields. Among the 25 chapters are those that look at health; environment; air and water pollution; economics; the politics and lobbying; agriculture; transportation of gas and its problems; media (how the media report fracking, how the industry and the anti-fracking protestors use the media); the large anti-fracking movement; theological base and climate change; renewable energy. |
| economic impacts of fracking: Fracking and the Environment Daniel J. Soeder, 2020-11-11 This book provides a systematic scientific approach to the understanding of hydraulic fracturing (fracking) as a hydrocarbon extraction technology and its impact on the environment. The book addresses research from the past decade to assess how fracking can affect air, water, landscapes and ecosystems, and presents the subject in the context of the history of fracking and shale gas development in the United States, describing what is known and not known about environmental impacts, and the broader implications of fossil energy use, climate change, and technology development. In 9 chapters, the author lays out how and why hydraulic fracturing was developed, what driving forces existed at the beginning of the so-called shale revolution, how success was achieved, and when and why public acceptance of the technology changed. The intended audience is scientific people who are concerned about fracking, but perhaps do not know all that much about it. It is also intended for lay people who would be interested in understanding the technical details of the process and what effects it might or might not be having on the environment. The book is written at a level that is both understandable and technically correct. A further goal is to give some useful insights even to experienced petroleum geologists and engineers who have been doing fracking for many years. |
| economic impacts of fracking: Saudi America Bethany McLean, 2018 Argues that obtaining energy through the hydraulic fracturing of shale rock is based on unstable economic foundations, and is having much more destructive effects on the economy and the government of the United States than its advocates claim-- |
| economic impacts of fracking: Up to Heaven and Down to Hell Colin Jerolmack, 2021-04-20 A riveting portrait of a rural Pennsylvania town at the center of the fracking controversy Shale gas extraction—commonly known as fracking—is often portrayed as an energy revolution that will transform the American economy and geopolitics. But in greater Williamsport, Pennsylvania, fracking is personal. Up to Heaven and Down to Hell is a vivid and sometimes heartbreaking account of what happens when one of the most momentous decisions about the well-being of our communities and our planet—whether or not to extract shale gas and oil from the very land beneath our feet—is largely a private choice that millions of ordinary people make without the public's consent. The United States is the only country in the world where property rights commonly extend up to heaven and down to hell, which means that landowners have the exclusive right to lease their subsurface mineral estates to petroleum companies. Colin Jerolmack spent eight months living with rural communities outside of Williamsport as they confronted the tension between property rights and the commonwealth. In this deeply intimate book, he reveals how the decision to lease brings financial rewards but can also cause irreparable harm to neighbors, to communal resources like air and water, and even to oneself. Up to Heaven and Down to Hell casts America’s ideas about freedom and property rights in a troubling new light, revealing how your personal choices can undermine your neighbors’ liberty, and how the exercise of individual rights can bring unintended environmental consequences for us all. |
| economic impacts of fracking: Under the Surface Tom Wilber, 2015-09-22 For the updated paperback edition of Under the Surface, Tom Wilber has written a new chapter and epilogue covering developments since the book's initial publication. Chief among these are the home rule movement and accompanying social and legal events leading up to an unprecedented ban of fracking in New York state, and the outcome of the federal EPA's investigation of water pollution just across the state border in Dimock, Pennsylvania. The industry, with powerful political allies, effectively challenged the federal government’s attempts to intervene in drilling communities in Pennsylvania, Wyoming, and Texas with water problems. But it met its match in a grassroots movement—known as fractivism—that sprouted from seeds sown in upstate New York community halls and grew into one of the state’s most influential environmental movements since Love Canal.Wilber weaves a narrative tracing the consequences of shale gas development in northeast Pennsylvania and central New York through the perspective of various stakeholders. Wilber's evenhanded treatment explains how the revolutionary process of fracking has changed both access to our domestic energy reserves and the lives of people living over them.He gives a voice to all constituencies, including farmers and landowners tempted by the prospects of wealth but wary of the consequences; policymakers struggling with divisive issues concerning free enterprise, ecology, and public health; and activists coordinating campaigns based on their respective visions of economic salvation and environmental ruin. Throughout the book, Wilber illustrates otherwise dense policy and legal issues in human terms and shows how ordinary people can affect extraordinary events. |
| economic impacts of fracking: The Quest Daniel Yergin, 2012-09-26 “A sprawling story richly textured with original material, quirky details and amusing anecdotes . . .” —Wall Street Journal “It is a cause for celebration that Yergin has returned with his perspective on a very different landscape . . . [I]t is impossible to think of a better introduction to the essentials of energy in the 21st century. The Quest is . . . the definitive guide to how we got here.” —The Financial Times This long-awaited successor to Daniel Yergin’s Pulitzer Prize-winning The Prize provides an essential, overarching narrative of global energy, the principal engine of geopolitical and economic change A master storyteller as well as a leading energy expert, Daniel Yergin continues the riveting story begun in his Pulitzer Prize–winning book, The Prize. In The Quest, Yergin shows us how energy is an engine of global political and economic change and conflict, in a story that spans the energies on which our civilization has been built and the new energies that are competing to replace them. The Quest tells the inside stories, tackles the tough questions, and reveals surprising insights about coal, electricity, and natural gas. He explains how climate change became a great issue and leads readers through the rebirth of renewable energies, energy independence, and the return of the electric car. Epic in scope and never more timely, The Quest vividly reveals the decisions, technologies, and individuals that are shaping our future. |
| economic impacts of fracking: Modern Shale Gas Development in the United States , 2009 |
| economic impacts of fracking: Forging Industrial Policy Frank Dobbin, 1994 This book explores 19th-century railroad policies in the United States, France, and Britain to identify the roots of nations' modern industrial policy styles. |
| economic impacts of fracking: Windfall Meghan L. O'Sullivan, 2017-09-12 Windfall is the boldest profile of the world’s energy resources since Daniel Yergin’s The Quest, asserting that the new energy abundance—due to oil and gas resources once deemed too expensive—is transforming the geo-political order and is boosting American power. “Riveting and comprehensive...a smart, deeply researched primer on the subject.” —The New York Times Book Review As a new administration focuses on driving American energy production, O’Sullivan’s “refreshing and illuminating” (Foreign Policy) Windfall describes how new energy realities have profoundly affected the world of international relations and security. New technologies led to oversupplied oil markets and an emerging natural gas glut. This did more than drive down prices—it changed the structure of markets and altered the way many countries wield power and influence. America’s new energy prowess has global implications. It transforms politics in Russia, Europe, China, and the Middle East. O’Sullivan considers the landscape, offering insights and presenting consequences for each region’s domestic stability as energy abundance upends traditional partnerships, creating opportunities for cooperation. The advantages of this new abundance are greater than its downside for the US: it strengthens American hard and soft power. This is “a powerful argument for how America should capitalise on the ‘New Energy Abundance’” (The Financial Times) and an explanation of how new energy realities create a strategic environment to America’s advantage. |
| economic impacts of fracking: Man Out Andrew L. Yarrow, 2018-09-11 The story of men who are hurting—and hurting America by their absence Man Out describes the millions of men on the sidelines of life in the United States. Many of them have been pushed out of the mainstream because of an economy and society where the odds are stacked against them; others have chosen to be on the outskirts of twenty-first-century America. These men are disconnected from work, personal relationships, family and children, and civic and community life. They may be angry at government, employers, women, and the system in general—and millions of them have done time in prison and have cast aside many social norms. Sadly, too many of these men are unsure what it means to be a man in contemporary society. Wives or partners reject them; children are estranged from them; and family, friends, and neighbors are embarrassed by them. Many have disappeared into a netherworld of drugs, alcohol, poor health, loneliness, misogyny, economic insecurity, online gaming, pornography, other off-the-grid corners of the internet, and a fantasy world of starting their own business or even writing the Great American novel. Most of the men described in this book are poorly educated, with low incomes and often with very few prospects for rewarding employment. They are also disproportionately found among millennials, those over 50, and African American men. Increasingly, however, these lost men are discovered even in tony suburbs and throughout the nation. It is a myth that men on the outer corners of society are only lower-middle-class white men dislocated by technology and globalization. Unlike those who primarily blame an unjust economy, government policies, or a culture sanctioning laziness, Man Out explores the complex interplay between economics and culture. It rejects the politically charged dichotomy of seeing such men as either victims or culprits. These men are hurting, and in turn they are hurting families and hurting America. It is essential to address their problems. Man Out draws on a wide range of data and existing research as well as interviews with several hundred men, women, and a wide variety of economists and other social scientists, social service providers and physicians, and with employers, through a national online survey and in-depth fieldwork in several communities. |
| economic impacts of fracking: Hydrofracking Alex Prud'homme, 2014 Hydrofracking: What Everyone Needs to Know is a concise, well-informed primer on one of the most promising yet controversial methods of accessing natural gas and oil. Exploring the promises and pitfalls of fracking, Alex Prud'homme offers an even-handed introduction for an interested general reader. |
| economic impacts of fracking: Environmental and Health Issues in Unconventional Oil and Gas Development Debra A Kaden, Eric Hodek, 2025-09-01 Environmental and Health Issues in Unconventional Oil and Gas Development offers a unique, non-partisan perspective relevant to the use of directional drilling and hydraulic fracturing, presenting clear and frank discussions on implications for a variety of stakeholders involved in unconventional oil and shale gas development. Much has changed since the first edition, including how UOGD is performed, changes in monitoring and control technologies, and new issues raised by both government and non-government stakeholders. The contributing authors address a wide range of relevant topics. The economics of hydraulic fracturing are discussed. Methane emissions, decarbonization, and responsibly sourced gas are explored in depth. The authors also look closely at climate risk and risk mitigation. Water issues are covered with a review of water quality impacts along with waste issues. This is followed by a detailed examination of health and safety in regard to occupational health, public health, risk perception, risk communication, and transportation. Finally, the editors wrap up with important discussions on environmental justice and environmental, social, and corporate governance. Readers will find much to consider and apply to their own work within this reference on the critical environmental issues facing the unconventional oil and gas industry.• Serves as a collective, up-to-date resource for academics and professionals in the oil and gas, environmental, health, and safety industries, as well as environmental scientists and policymakers• Features a multi-disciplinary and expert group of chapter authors from academia, non-governmental organizations, governmental agencies, and the oil and gas industry• Provides thoughtful discussion of the ongoing emissions intensity reduction in unconventional oil and gas from a combination of regulation, technology evolution, and voluntary efforts by operators |
| economic impacts of fracking: Shale Oil and Gas Vikram Rao, 2015-08-09 The Promise and the Peril |
| economic impacts of fracking: The Green and the Black Gary Sernovitz, 2016-02-23 Gary Sernovitz leads a double life. A typical New York liberal, he is also an oilman - a fact his left-leaning friends let slide until the word fracking entered popular parlance. How can you frack? they suddenly demanded, aghast. But for Sernovitz, the real question is, What happens if we don't? Fracking has become a four-letter word to environmentalists. But most people don't know what it means. In his fast-paced, funny, and lively book, Sernovitz explains the reality of fracking: what it is, how it can be made safer, and how the oil business works. He also tells the bigger story. Fracking was just one part of a shale revolution that shocked our assumptions about fueling America's future. The revolution has transformed the world with consequences for the oil industry, investors, environmentalists, political leaders, and anyone who lives in areas shaped by the shales, uses fossil fuels, or cares about the climate - in short, everyone. Thanks to American engineers' oilfield innovations, the United States is leading the world in reducing carbon emissions, has sparked a potential manufacturing renaissance, and may soon eliminate its dependence on foreign energy. Once again the largest oil and gas producer in the world, America has altered its balance of power with Russia and the Middle East. Yet the shale revolution has also caused local disruptions and pollution. It has prolonged the world's use of fossil fuels. Is there any way to reconcile the costs with the benefits of fracking? To do so, we must start by understanding fracking and the shale revolution in their totality. The Green and the Black bridges the gap in America's energy education. With an insider's firsthand knowledge and unprecedented clarity, Sernovitz introduces readers to the shales - a history-upturning Internet of oil - tells the stories of the shale revolution's essential characters, and addresses all the central controversies. To capture the economic, political, and environmental prizes, we need to adopt a balanced, informed perspective. We need to take the green with the black. Where we go from there is up to us. |
| economic impacts of fracking: Fracking Pennsylvania Walter Brasch, 2014-02 --70% more content than first edition --updated t0 2014 --30 photos and graphics In his most powerful investigation to date, award-winning journalist Walter M. Brasch digs into the natural gas industry and extracts the truth about fracking. This is the long-awaited second edition to the critically-acclaimed first edition that explored all aspects of the controversies surrounding fracking. Hydraulic horizontal fracturing, better known as fracking, is the process of injecting as much as seven million gallons of water, proppants (like silica sand), and toxins into the earth to fracture the shale and extract methane. Politicians want natural gas drillers to come into their states, primarily because of the numbers of well-paying jobs the industry creates, the overall economic benefits, and the lower costs of natural gas to the consumer. Dr. Brasch investigates those claims, and provides an extensive look at the money trail between the industry and the politicians' campaign receipts. Combining both scientific evidence and extensive interviews with those affected by fracking throughout the country, he concludes that errors made by the natural gas industry as well as the process itself have caused significant public health and the environmental problems that also affect agriculture, wildlife, and livestock. |
| economic impacts of fracking: A Field Philosopher's Guide to Fracking: How One Texas Town Stood Up to Big Oil and Gas Adam Briggle, 2015-10-19 Winner of the Writers' League of Texas Book Awards Finalist for the J. Anthony Lukas Book Prize From the front lines of the fracking debate, a “field philosopher” explores one of our most divisive technologies. When philosophy professor Adam Briggle moved to Denton, Texas, he had never heard of fracking. Only five years later he would successfully lead a citizens' initiative to ban hydraulic fracturing in Denton—the first Texas town to challenge the oil and gas industry. On his journey to learn about fracking and its effects, he leaped from the ivory tower into the fray. In beautifully narrated chapters, Briggle brings us to town hall debates and neighborhood meetings where citizens wrestle with issues few fully understand. Is fracking safe? How does it affect the local economy? Why are bakeries prohibited in neighborhoods while gas wells are permitted next to playgrounds? In his quest for answers Briggle meets people like Cathy McMullen. Her neighbors’ cows asphyxiated after drinking fracking fluids, and her orchard was razed to make way for a pipeline. Cathy did not consent to drilling, but those who profited lived far out of harm’s way. Briggle's first instinct was to think about fracking—deeply. Drawing on philosophers from Socrates to Kant, but also on conversations with engineers, legislators, and industry representatives, he develops a simple theory to evaluate fracking: we should give those at risk to harm a stake in the decisions we make, and we should monitor for and correct any problems that arise. Finding this regulatory process short-circuited, with government and industry alike turning a blind eye to symptoms like earthquakes and nosebleeds, Briggle decides to take action. Though our field philosopher is initially out of his element—joining fierce activists like Texas Sharon, once called the worst enemy of the oil and gas industry—his story culminates in an underdog victory for Denton, now nationally recognized as a beacon for citizens' rights at the epicenter of the fracking revolution. |
| economic impacts of fracking: The New Localism Bruce Katz, Jeremy Nowak, 2018-01-09 The New Localism provides a roadmap for change that starts in the communities where most people live and work. In their new book, The New Localism, urban experts Bruce Katz and Jeremy Nowak reveal where the real power to create change lies and how it can be used to address our most serious social, economic, and environmental challenges. Power is shifting in the world: downward from national governments and states to cities and metropolitan communities; horizontally from the public sector to networks of public, private and civic actors; and globally along circuits of capital, trade, and innovation. This new locus of power—this new localism—is emerging by necessity to solve the grand challenges characteristic of modern societies: economic competitiveness, social inclusion and opportunity; a renewed public life; the challenge of diversity; and the imperative of environmental sustainability. Where rising populism on the right and the left exploits the grievances of those left behind in the global economy, new localism has developed as a mechanism to address them head on. New localism is not a replacement for the vital roles federal governments play; it is the ideal complement to an effective federal government, and, currently, an urgently needed remedy for national dysfunction. In The New Localism, Katz and Nowak tell the stories of the cities that are on the vanguard of problem solving. Pittsburgh is catalyzing inclusive growth by inventing and deploying new industries and technologies. Indianapolis is governing its city and metropolis through a network of public, private and civic leaders. Copenhagen is using publicly owned assets like their waterfront to spur large scale redevelopment and finance infrastructure from land sales. Out of these stories emerge new norms of growth, governance, and finance and a path toward a more prosperous, sustainable, and inclusive society. Katz and Nowak imagine a world in which urban institutions finance the future through smart investments in innovation, infrastructure and children and urban intermediaries take solutions created in one city and adapt and tailor them to other cities with speed and precision. As Katz and Nowak show us in The New Localism, “Power now belongs to the problem solvers.” |
| economic impacts of fracking: Hydraulic Fracturing for Oil and Gas United States. Environmental Protection Agency, 2016 This final report provides a review and synthesis of available scientific information concerning the relationship between hydraulic fracturing activities and drinking water resources in the United States. The report is organized around activities in the hydraulic fracturing water cycle and their potential to impact drinking water resources. The stages include: (1) acquiring water to be used for hydraulic fracturing (Water Acquisition), (2) mixing the water with chemical additives to prepare hydraulic fracturing fluids (Chemical Mixing), (3) injecting the hydraulic fracturing fluids into the production well to create fractures in the targeted production zone (Well Injection), (4) collecting the wastewater that returns through the well after injection (Produced Water Handling), and (5) managing the wastewater via disposal or reuse methods (Wastewater Disposal and Reuse). EPA found scientific evidence that hydraulic fracturing activities can impact drinking water resources under some circumstances. The report identifies certain conditions under which impacts from hydraulic fracturing activities can be more frequent or severe. |
| economic impacts of fracking: Induced Seismicity Potential in Energy Technologies National Research Council, Division on Earth and Life Studies, Board on Earth Sciences and Resources, Committee on Seismology and Geodynamics, Committee on Geological and Geotechnical Engineering, Committee on Earth Resources, Committee on Induced Seismicity Potential in Energy Technologies, 2013-08-14 In the past several years, some energy technologies that inject or extract fluid from the Earth, such as oil and gas development and geothermal energy development, have been found or suspected to cause seismic events, drawing heightened public attention. Although only a very small fraction of injection and extraction activities among the hundreds of thousands of energy development sites in the United States have induced seismicity at levels noticeable to the public, understanding the potential for inducing felt seismic events and for limiting their occurrence and impacts is desirable for state and federal agencies, industry, and the public at large. To better understand, limit, and respond to induced seismic events, work is needed to build robust prediction models, to assess potential hazards, and to help relevant agencies coordinate to address them. Induced Seismicity Potential in Energy Technologies identifies gaps in knowledge and research needed to advance the understanding of induced seismicity; identify gaps in induced seismic hazard assessment methodologies and the research to close those gaps; and assess options for steps toward best practices with regard to energy development and induced seismicity potential. |
| economic impacts of fracking: Reinventing Fire Amory Lovins, 2011-10-15 Imagine fuel without fear. No climate change. No oil spills, no dead coalminers, no dirty air, no devastated lands, no lost wildlife. No energy poverty. No oil-fed wars, tyrannies, or terrorists. No leaking nuclear wastes or spreading nuclear weapons. Nothing to run out. Nothing to cut off. Nothing to worry about. Just energy abundance, benign and affordable, for all, forever. That richer, fairer, cooler, safer world is possible, practical, even profitable-because saving and replacing fossil fuels now works better and costs no more than buying and burning them. Reinventing Fire shows how business-motivated by profit, supported by civil society, sped by smart policy-can get the US completely off oil and coal by 2050, and later beyond natural gas as well. Authored by a world leader on energy and innovation, the book maps a robust path for integrating real, here-and-now, comprehensive energy solutions in four industries-transportation, buildings, electricity, and manufacturing-melding radically efficient energy use with reliable, secure, renewable energy supplies.Popular in tone and rooted in applied hope, Reinventing Fire shows how smart businesses are creating a potent, global, market-driven, and explosively growing movement to defossilize fuels. It points readers to trillions in savings over the next 40 years, and trillions more in new business opportunities.Whether you care most about national security, or jobs and competitive advantage, or climate and environment, this major contribution by world leaders in energy innovation offers startling innovations will support your values, inspire your support, and transform your sense of possibility.Pragmatic citizens today are more interested in outcomes than motives. Reinventing Fire answers this trans-ideological call. Whether you care most about national security, or jobs and competitive advantage, or climate and environment, its startling innovations will support your values, inspire your support, and transform your sense of possibility. |
| economic impacts of fracking: The Economics of World War I Stephen Broadberry, Mark Harrison, 2005-09-29 This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war. |
| economic impacts of fracking: The Frackers Gregory Zuckerman, 2013 Meet the Frackers. George Mitchell, the son of a Greek goatherder, who tried to extract gas from rock that experts deemed worthless. He faced an unexpected obstacle in his quest to change history. Aubrey McClendon, the charismatic descendant of an Oklahoma energy dynasty, who scored billions leading a land grab. He wasn't prepared for the shocking fallout of his discoveries. Tom Ward, who overcame a troubled childhood to become one of the nation's wealthiest men. He could handle natural-gas fields but had more trouble with a Wall Street power broker. Harold Hamm, the son of poor farmer, who believed America had more oil than anyone imagined. Hamm was determined to find the crude before others caught on. Charif Souki, the dashing Lebanese immigrant who saw his career crumble and his fortune disintegrate, leaving one last, unlikely chance for success. Mark Papa, the Enron castoff who panicked when he realized a resurgence of American natural gas was at hand: one that his company wasn't prepared for. Praise for The Greatest Trade Ever 'Simply terrific. Easily the best of the post-crash financial books.' Malcolm Gladwell 'The definitive account of a strange and wonderful subplot of the financial crisis.' Michael Lewis 'Zuckerman is a first-rate reporter who is able to explain the complexities of finance in layman's terms. At times, The Greatest Trade Ever reads like a thriller.' The New York Times |
| economic impacts of fracking: Corporate Social Responsibility in the Post-Financial Crisis Era Anastasios Theofilou, Georgiana Grigore, Alin Stancu, 2016-12-10 Bringing together normative and instrumental CSR conceptualizations, practice based examples and international case studies, this edited volume brings together important contributions on the conceptualizations of CSR post financial crisis. Including coverage of a variety of practices in developing and developed contexts, industry-specific activities, business ethics and sustainable development issues, Corporate Social Responsibility in the Post-Financial Crisis brings together a variety of perspectives to provide knowledge and understanding across contexts. |
| economic impacts of fracking: Fracking R E Hester, R M Harrison, 2014-08-19 Fracking has the potential to extract hydrocarbons from previously inaccessible sources of gas and oil, but is regularly in the news because of environmental concerns surrounding the process. First used commercially in the mid-20th Century, only recently has fracking been deployed on a large scale, revolutionising the energy industry in the USA. As more nations seek to adopt or ban fracking, do the economic benefits outweigh the environmental costs? Presenting both sides of the debate, this latest volume of Issues in Environmental Science and Technology draws on a wealth of international expertise, ranging from the oil and gas industry to Friends of the Earth. The technology of fracking is examined in detail, as well as the associated economic, societal and global climate change considerations. Anyone wishing to gain a balanced view of hydraulic fracturing will benefit from reading this book, which is aimed at researchers in academia and industry, policy makers, environmental science students and the interested layman. |
| economic impacts of fracking: The Good Hand Michael Patrick F. Smith, 2021-02-16 “A book that should be read . . . Smith brings an alchemic talent to describing physical labor.” —The New York Times Book Review “Beautiful, funny, and harrowing.” – Sarah Smarsh, The Atlantic “Remarkable . . . this is the book that Hillbilly Elegy should have been.” —Kirkus Reviews A vivid window into the world of working class men set during the Bakken fracking boom in North Dakota Like thousands of restless men left unmoored in the wake of the 2008 economic crash, Michael Patrick Smith arrived in the fracking boomtown of Williston, North Dakota five years later homeless, unemployed, and desperate for a job. Renting a mattress on a dirty flophouse floor, he slept boot to beard with migrant men who came from all across America and as far away as Jamaica, Africa and the Philippines. They ate together, drank together, argued like crows and searched for jobs they couldn't get back home. Smith's goal was to find the hardest work he could do--to find out if he could do it. He hired on in the oil patch where he toiled fourteen hour shifts from summer's 100 degree dog days to deep into winter's bracing whiteouts, all the while wrestling with the demons of a turbulent past, his broken relationships with women, and the haunted memories of a family riven by violence. The Good Hand is a saga of fear, danger, exhaustion, suffering, loneliness, and grit that explores the struggles of America's marginalized boomtown workers—the rough-hewn, castoff, seemingly disposable men who do an indispensable job that few would exalt: oil field hands who, in the age of climate change, put the gas in our tanks and the food in our homes. Smith, who had pursued theater and played guitar in New York, observes this world with a critical eye; yet he comes to love his coworkers, forming close bonds with Huck, a goofy giant of a young man whose lead foot and quick fists get him into trouble with the law, and The Wildebeest, a foul-mouthed, dip-spitting truck driver who torments him but also trains him up, and helps Smith make a hand. The Good Hand is ultimately a book about transformation--a classic American story of one man's attempt to burn himself clean through hard work, to reconcile himself to himself, to find community, and to become whole. |
| economic impacts of fracking: Sociological Studies of Environmental Conflict Sebahattin Ziyanak, Mehmet Soyer, Dian Jordan, 2019-11-15 The environmental studies about natural resource issues are often studied as conflicts; this book is carefully designed to expound on how resolutions are negotiated and maintained. A number of factors influence how conflicts are framed and how resolutions are determined regarding fracking, shared waters and environmental threats. This book explores the power, community activism, and politics regarding natural resources. Decisions often ignore ecological and social sustainability stewardship needs. By understanding how socio-political dynamics affect policy and negotiation, this book also contributes to the understanding of how natural resource policies are negotiated. It illuminates social inequalities between rural and urban populations. |
| economic impacts of fracking: The Economics of Oil S.W. Carmalt, 2016-12-30 This book examines the ways that oil economics will impact the rapidly changing global economy, and the oil industry itself, over the coming decades. The predictions of peak oil were both right and wrong. Oil production has been constrained in relation to demand for the past decade, with a resulting four-fold increase in the oil price slowing the entire global economy. High oil prices have encouraged a small increase in oil production, and mostly from the short-lived “fracking revolution,” but enough to be able to claim that “peak oil” was a false prophecy. The high oil price has also engendered massive exploration investments, but remaining hydrocarbon stocks generally offer poor returns in energy (the energy return on investment or EROI) and financial terms, and no longer replace the reserves being produced. As a result, the economically powerful oil companies are under great pressure, both financially and politically, as oil remains the backbone of the global economy./div”Development scenarios and political pressure for growth as a means of solving economic woes both require more net energy, which is the amount of energy available after energy (and thus financial) inputs required for new sources to come on line are deducted. In today’s economy, more energy usually means more oil. Although a barrel of oil from any source may look the same, “tight oil” and oil from tar sands require much higher prices to be profitable for the producer; these expensive sources have very different economic implications from the conventional oil supplies that underpinned economic growth for most of the 20th century. The role of oil in the global economy is not easily changed. Since currently installed infrastructure assumes oil, a change implies more than just substitution of an energy source. The speed with which such basic structural changes can be made is also constrained, and ultimately themselves dependent on fossil fuel inputs. It remains unclear how this scenario will evolve, and that uncertainty adds additional economic pressure to the investment decisions that must be made. “Drill baby drill” and new pipeline projects may be attractive politically, but projections of economic and associated oil production growth based on past performance are clearly untenable. |
| economic impacts of fracking: Rockonomics Alan Krueger, 2020-08-20 |
| economic impacts of fracking: The Power Surge Michael Levi, 2014-10 Looks at the clash between gas/oil proponents and supports of alternative energies and offers a plan for the future that combines the best of both worlds. |
| economic impacts of fracking: Drawdown Paul Hawken, 2017-04-18 • New York Times bestseller • The 100 most substantive solutions to reverse global warming, based on meticulous research by leading scientists and policymakers around the world “At this point in time, the Drawdown book is exactly what is needed; a credible, conservative solution-by-solution narrative that we can do it. Reading it is an effective inoculation against the widespread perception of doom that humanity cannot and will not solve the climate crisis. Reported by-effects include increased determination and a sense of grounded hope.” —Per Espen Stoknes, Author, What We Think About When We Try Not To Think About Global Warming “There’s been no real way for ordinary people to get an understanding of what they can do and what impact it can have. There remains no single, comprehensive, reliable compendium of carbon-reduction solutions across sectors. At least until now. . . . The public is hungry for this kind of practical wisdom.” —David Roberts, Vox “This is the ideal environmental sciences textbook—only it is too interesting and inspiring to be called a textbook.” —Peter Kareiva, Director of the Institute of the Environment and Sustainability, UCLA In the face of widespread fear and apathy, an international coalition of researchers, professionals, and scientists have come together to offer a set of realistic and bold solutions to climate change. One hundred techniques and practices are described here—some are well known; some you may have never heard of. They range from clean energy to educating girls in lower-income countries to land use practices that pull carbon out of the air. The solutions exist, are economically viable, and communities throughout the world are currently enacting them with skill and determination. If deployed collectively on a global scale over the next thirty years, they represent a credible path forward, not just to slow the earth’s warming but to reach drawdown, that point in time when greenhouse gases in the atmosphere peak and begin to decline. These measures promise cascading benefits to human health, security, prosperity, and well-being—giving us every reason to see this planetary crisis as an opportunity to create a just and livable world. |
| economic impacts of fracking: The Human and Environmental Impact of Fracking Madelon L. Finkel, 2015-03-24 Fracking for gas trapped in shale could be a game changer in the quest to find alternatives to dirty fossil fuels, but it also has potential for harm. This book provides one-stop shopping for everyone who wants to know more about the issues. Oil and gas account for a large percentage of the world's energy consumption, and the search for new ways to extract both from the earth is a global quest. Fracking is viewed as an energy game-changer but is a controversial topic about which there is much misunderstanding. This unbiased work was written to bring clarity to the issues. Under the guidance of an internationally recognized public health expert, this book provides a comprehensive look at unconventional natural gas development from many different perspectives. Written for the layperson, the book dispels myths surrounding fracking, corrects misconceptions, and offers impartial, scientifically based information on both benefits and challenges. Readers will learn about the effects fracking has on the environment—our water, air, and climate—as well as on human and animal health. The contributors also look at the economics of fracking and at its socioeconomic impact on local communities and nations. They discuss legal and ethical issues related to the practice and, in keeping with the intent to provide a fair and balanced overview, share the industry perspective as well. |
| economic impacts of fracking: Fracking Michael D. Holloway, Oliver Rudd, 2013-05-28 This book presents both sides of a very controversial subject in today’s media: induced hydraulic fracturing, or “fracking.” It covers the technology and methods used in hydraulic fracturing in easy-to-understand language, for the engineer and layperson alike, presenting the environmental effects of hydraulic fracturing. |
| economic impacts of fracking: Scientific Inquiry Into Hydraulic Fracturing in the Northern Territory Northern Territory, 2018 |
| economic impacts of fracking: Oxford English Dictionary John A. Simpson, 2002-04-18 The Oxford English Dictionary is the internationally recognized authority on the evolution of the English language from 1150 to the present day. The Dictionary defines over 500,000 words, making it an unsurpassed guide to the meaning, pronunciation, and history of the English language. This new upgrade version of The Oxford English Dictionary Second Edition on CD-ROM offers unparalleled access to the world's most important reference work for the English language. The text of this version has been augmented with the inclusion of the Oxford English Dictionary Additions Series (Volumes 1-3), published in 1993 and 1997, the Bibliography to the Second Edition, and other ancillary material. System requirements: PC with minimum 200 MHz Pentium-class processor; 32 MB RAM (64 MB recommended); 16-speed CD-ROM drive (32-speed recommended); Windows 95, 98, Me, NT, 200, or XP (Local administrator rights are required to install and open the OED for the first time on a PC running Windows NT 4 and to install and run the OED on Windows 2000 and XP); 1.1 GB hard disk space to run the OED from the CD-ROM and 1.7 GB to install the CD-ROM to the hard disk: SVGA monitor: 800 x 600 pixels: 16-bit (64k, high color) setting recommended. Please note: for the upgrade, installation requires the use of the OED CD-ROM v2.0. |
| economic impacts of fracking: Shale Play Julia Kasdorf, 2018 Explores, in poetry and photographs, the effects of the natural gas boom and fracking in the small towns, fields, and forests of Appalachian Pennsylvania. |
| economic impacts of fracking: The Future of Shale: The US Story and Its Implications , |
The Costs of Fracking - The Public Interest Network
Fracking’s negative impacts on our environment and health come with heavy “dollars and cents” costs as well. In this report, we document those costs—rang-ing from cleaning up …
Geographic Dispersion of Economic Shocks: Evidence from …
Jul 12, 2012 · We use the fracking revolution to study how income and employment shocks propagate across geography and industries. We measure county-level impacts of new oil and …
Economic and National Security Impacts under a Hydraulic …
r economic impact of the hydraulic fracturing ban would be substantial. Compared to a world with hydraulic fracturing, in 2025, the United States economy would have 7.7 million fewer jobs, …
The Economic Impact of a Statewide Fracking Ban in Colorado
In November 2012, voters in the City of Longmont passed a charter amendment effectively banning the use of hydraulic fracturing (fracking) and the storage of the resultant waste …
Local public fiscal effects of fracking: The case of Texas
estimate spatial interaction effects associated with fracking, as we anticipate counties to be affected by the fracking activities of their neighboring counties. Finally, we use more detailed …
Geographic Dispersion of Economic Shocks - JSTOR
We use the fracking revolution to study how income and employment shocks propagate over time and across geography and industries. the value of production from new wells in any county in …
AMERICA’S PROGRESS AT RISK - API
fracking and halting federal natural gas and oil leasing has been proposed. This API summary of modeling data provided by the consulting firm OnLocation shows the economic impacts that …
The Local Economic and Welfare Consequences of Hydraulic …
Exploiting geological variation and timing in the initiation of hydraulic fracturing, we find that fracking leads to sharp increases in oil and gas recovery and improvements in a wide set of …
Balancing Hydraulic Fracturingâ•Žs Environmental and …
ENVIRONMENTAL AND ECONOMIC IMPACTS: THE NEED FOR A COMPREHENSIVE FEDERAL BASELINE AND THE PROVISION OF LOCAL RIGHTS ADAM GARMEZY† I. …
Maximizing the Economic Benefits of Hydraulic Fracturing …
Aug 11, 2020 · Executive Summary: Over the past two decades, hydraulic fracturing, commonly known as ‘fracking’, in Colorado has increased crude oil and natural gas production …
Economic, Environmental, and Health Impacts of the Fracking …
In this review, we systematically out-line the environmental, economic, health and anthropogenic impacts of UOGD, while also considering the diverse methodological approaches to these topics.
Geographic Dispersion of Economic Shocks: Evidence from …
We use the fracking revolution to study how income and employment shocks propagate over time and across geography and industries. We use a comprehensive data set of oil and natural gas …
The US Political Economy of Climate Change: Impacts of the …
During the 2000s, the shale oil and gas extraction (i.e., “fracking ”) revolution highlighted the American energy economy. Is the fracking boom partially to blame for US lagging on climate …
Study suggests hydraulic fracturing boosts local economies
The first nationwide study of the comprehensive local impacts of hydraulic fracturing finds that when costs and benefits are added up, communities on average benefit from allowing it.
The economic impacts of gas development in the Northern …
The real economic impacts of fracking the Northern Territory 6 The table in Figure 1 below summarises the modelled employment impacts of the project. The positive numbers are the …
Economic Impacts of Industrial Silica Sand (Frac Sand) Mining
Now commonly demand for industrial silica sand. known collectively as hydraulic fracturing, or “fracking,” those techniques are being used to increase oil and natural gas recovery in rock …
The Environmental Costs and Benefits of Fracking - Jackson Lab
Unconventional oil and natural gas extraction enabled by horizontal drilling and hydraulic fracturing (fracking) is driving an economic boom, with con-sequences described from …
The Local Economic and Welfare Consequences of Hydraulic …
Drilling brings royalty payments and economic activity. But also concerns about quality of life, pollution, congestion, crime. Pennsylvania, Texas, and North Dakota embrace fracking. …
What environmental, social, and economic impacts will …
What environmental, social, and economic impacts will hydraulic fracturing (fracking) for shale gas have on the Northern Territory? Pauline Cass. 6 . Literature Review: Impacts of Hydraulic …
The Impact of Economic Opportunity on Criminal Behavior
Results indicate that the start of economic expansion – as signaled by the signing of leas-es – led to a 22% reduction in criminal cases filed. The efects were partially ofset once the fracking …
The Costs of Fracking - The Public Interest Network
Fracking’s negative impacts on our environment and health come with heavy “dollars and cents” costs as well. In this report, we document those costs—rang-ing from cleaning up …
Geographic Dispersion of Economic Shocks: Evidence from …
Jul 12, 2012 · We use the fracking revolution to study how income and employment shocks propagate across geography and industries. We measure county-level impacts of new oil and …
Economic and National Security Impacts under a Hydraulic …
r economic impact of the hydraulic fracturing ban would be substantial. Compared to a world with hydraulic fracturing, in 2025, the United States economy would have 7.7 million fewer jobs, …
The Economic Impact of a Statewide Fracking Ban in Colorado
In November 2012, voters in the City of Longmont passed a charter amendment effectively banning the use of hydraulic fracturing (fracking) and the storage of the resultant waste …
Local public fiscal effects of fracking: The case of Texas
estimate spatial interaction effects associated with fracking, as we anticipate counties to be affected by the fracking activities of their neighboring counties. Finally, we use more detailed …
Geographic Dispersion of Economic Shocks - JSTOR
We use the fracking revolution to study how income and employment shocks propagate over time and across geography and industries. the value of production from new wells in any county in …
AMERICA’S PROGRESS AT RISK - API
fracking and halting federal natural gas and oil leasing has been proposed. This API summary of modeling data provided by the consulting firm OnLocation shows the economic impacts that …
The Local Economic and Welfare Consequences of …
Exploiting geological variation and timing in the initiation of hydraulic fracturing, we find that fracking leads to sharp increases in oil and gas recovery and improvements in a wide set of …
Balancing Hydraulic Fracturingâ•Žs Environmental and …
ENVIRONMENTAL AND ECONOMIC IMPACTS: THE NEED FOR A COMPREHENSIVE FEDERAL BASELINE AND THE PROVISION OF LOCAL RIGHTS ADAM GARMEZY† I. …
Maximizing the Economic Benefits of Hydraulic Fracturing …
Aug 11, 2020 · Executive Summary: Over the past two decades, hydraulic fracturing, commonly known as ‘fracking’, in Colorado has increased crude oil and natural gas production …
Economic, Environmental, and Health Impacts of the …
In this review, we systematically out-line the environmental, economic, health and anthropogenic impacts of UOGD, while also considering the diverse methodological approaches to these topics.
Geographic Dispersion of Economic Shocks: Evidence from …
We use the fracking revolution to study how income and employment shocks propagate over time and across geography and industries. We use a comprehensive data set of oil and natural gas …
The US Political Economy of Climate Change: Impacts of the …
During the 2000s, the shale oil and gas extraction (i.e., “fracking ”) revolution highlighted the American energy economy. Is the fracking boom partially to blame for US lagging on climate …
Study suggests hydraulic fracturing boosts local economies
The first nationwide study of the comprehensive local impacts of hydraulic fracturing finds that when costs and benefits are added up, communities on average benefit from allowing it.
The economic impacts of gas development in the Northern …
The real economic impacts of fracking the Northern Territory 6 The table in Figure 1 below summarises the modelled employment impacts of the project. The positive numbers are the …
Economic Impacts of Industrial Silica Sand (Frac Sand) Mining
Now commonly demand for industrial silica sand. known collectively as hydraulic fracturing, or “fracking,” those techniques are being used to increase oil and natural gas recovery in rock …
The Environmental Costs and Benefits of Fracking - Jackson …
Unconventional oil and natural gas extraction enabled by horizontal drilling and hydraulic fracturing (fracking) is driving an economic boom, with con-sequences described from …
The Local Economic and Welfare Consequences of …
Drilling brings royalty payments and economic activity. But also concerns about quality of life, pollution, congestion, crime. Pennsylvania, Texas, and North Dakota embrace fracking. …
What environmental, social, and economic impacts will …
What environmental, social, and economic impacts will hydraulic fracturing (fracking) for shale gas have on the Northern Territory? Pauline Cass. 6 . Literature Review: Impacts of Hydraulic …
The Impact of Economic Opportunity on Criminal Behavior
Results indicate that the start of economic expansion – as signaled by the signing of leas-es – led to a 22% reduction in criminal cases filed. The efects were partially ofset once the fracking …
