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.

Issue Brief (18-03) by Daniel Raimi — Jan. 31, 2018

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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.

Topics

Authors

Daniel Raimi

Senior Research Associate

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Issue Brief — Jan 31, 2018

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This brief provides an overview of the key causes of earthquakes related to oil and gas activities, along with how new technologies and policies can reduce the risks.