Economic Impact

New EPA Rules Could Prevent ‘Fracking’ Backlash

Filed in E-Library, Economic Impact by on February 17, 2014
New EPA Rules Could Prevent ‘Fracking’ Backlash

The Environmental Protection Agency on Wednesday released new rules to limit methane emissions from natural gas production, a rare set of regulations that may serve the industry well, even if it cuts into producers’ profit margins.

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Mortgages for Drilling Properties May Face Hurdle

Filed in E-Library, Economic Impact by on February 17, 2014
Mortgages for Drilling Properties May Face Hurdle

The Department of Agriculture is considering requiring an extensive environmental review before issuing mortgages to people who have leased their land for oil and gas drilling.

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Geologists Sharply Cut Estimate of Shale Gas

Filed in E-Library, Economic Impact by on February 17, 2014
Geologists Sharply Cut Estimate of Shale Gas

Energy Information Administration, which is responsible for quantifying oil and gas supplies, has said it will slash its official estimate for the Marcellus Shale by nearly 80 percent, a move that is likely to generate new questions about how the agency calculates its estimates and why it was so far off in its projections.

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Insiders Sound an Alarm Amid a Natural Gas Rush

Filed in E-Library, Economic Impact by on February 17, 2014
Insiders Sound an Alarm Amid a Natural Gas Rush

Energy executives, industry lawyers, state geologists and market analysts voice skepticism about lofty forecasts and question whether companies are intentionally, and even illegally, overstating the productivity of their wells and the size of their reserves.

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Homeowners and Gas Drilling Leases: Boon or Bust?

Filed in E-Library, Economic Impact by on February 11, 2014
Homeowners and Gas Drilling Leases: Boon or Bust?

Many homeowners and farmers in need of cash are inclined sign leasing agreements with gas companies. In making their argument, gas companies reassure property owners that the drilling processes and chemicals used are safe. Yet aside from arguments about the relative safety of the extraction process are issues not often discussed, such as the owner’s […]

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Economic Value of Marcellus Shale Gas in the Delaware Basin

Filed in E-Library, Economic Impact by on February 11, 2014
Economic Value of Marcellus Shale Gas in the Delaware Basin

In the Delaware Basin, Marcellus shale gas drilling is at the center of a contentious energy-water policy debate that pits gas companies, land owners, and rural towns interested in jobs versus environmental groups, water utilities, and fishermen concerned about the impacts of hydraulic fracturing on the quality and quantity of water supplies. This study reviews […]

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Socioeconomic Value of the Delaware River Basin in Delaware, New Jersey, New York, and Pennsylvania

Filed in E-Library, Economic Impact by on February 11, 2014
Socioeconomic Value of the Delaware River Basin in Delaware, New Jersey, New York, and Pennsylvania

The Delaware River Basin is an economic engine that supplies drinking water to the 1st (New York City) and 7th (Philadelphia) largest metropolitan economies in the United States and supports the largest freshwater port in the world. Therefore, this report’s socioeconomic evaluations of the basin is imperative for populations in the dependent states. 

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In Western Pennsylvania, an Energy Boom Not Visibly Stifled

Filed in E-Library, Economic Impact by on February 10, 2014
In Western Pennsylvania, an Energy Boom Not Visibly Stifled

Early in 2013, Western Pennsylvania’s Washington County chalked up the third-fastest growth among the country’s 322 largest counties. Just to the north, Butler County ranked sixth.

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Oh, Canada’s Become a Home for Record Fracking

Filed in E-Library, Economic Impact by on February 10, 2014
Oh, Canada’s Become a Home for Record Fracking

Though the same themes of balancing economic benefits with environmental harms occurs in Canada as in the U.S., the Canadian western areas’ enthusiastic embrace of large scale fracking provides onlookers with a vision of what could happen if there was less regulation from governments. Eastern regions have tackled the resource more cautiously. Although there is […]

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