The Economic Impacts of the Shale Revolution
Growth in US natural gas and oil production from shale has had major economic impacts at the local, national, and international levels.
Key findings
- Economic impacts of shale development have been positive for producing regions.
- However, these benefits are—and will continue to be—volatile.
- Economic diversification is an important, but challenging, goal for producing regions.
- Evidence on the “resource curse” for US communities is mixed.
