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• W2257978742 abstract "Large-scale development of natural gas and oil from shale has been described as a revolution (New York Times columnist David Brooks), a bonanza (The Economist ), and simply a boom (Forbes). Regardless of how this historical event is described, all agree that the magnitude of development is huge with large domestic reserves of shale oil and gas set to reduce U.S. oil and gas imports. The U.S. Energy Information Administration (EIA) e stimates that, at current rates of consumption, the United States has enough natural gas from shale alone to supply the entire country for about 90 years (over 2,400 trillion cubic feet) as well as more oil than previously thought (225 billion barrels) (EIA, 2013). For natural gas, the United States is in the early years of a potentially long expansion in production with the EIA estimating that, by 2040, production of natural gas will double relative to the level in the mid-2000s when drilling in shale became common (Figure 1). Yet, concerns about local consequences of extraction of oil and gas from shale formations have caused several states such as New York and Maryland and many local governments around the country to pass a moratoria on hydraulic fracking, the key technology used to develop shale. This collection of articles aims to increase the understanding of several local consequences of unconventional oil and natural gas development." @default.
• W2257978742 created "2016-06-24" @default.
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• W2257978742 date "2014-01-01" @default.
• W2257978742 modified "2023-09-23" @default.
• W2257978742 title "Is the Natural Gas Revolution all its Fracked Up to Be for Local Economies" @default.
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