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- W4285048243 abstract "This chapter studies the dynamics of the Wyoming gas boom. Natural gas development boomed in Wyoming between 2000 and 2011. New technologies combined with high gas prices expanded the array of economically recoverable gas reserves. This led to expansion in Wyoming's economy. The subsequent tax windfall led to growth in Wyoming's state government. However, more recent lower gas prices and the limited availability of low-cost gas drilling prospects in Wyoming have led to contraction in drilling and decreasing tax receipts. This led to a crisis in Wyoming. This chapter provides historical context of gas production, analyzes economic impacts, and analyzes how those impacts differed between the private and public sectors in the state of Wyoming. It concludes by clarifying which sorts of policies make the public sector less susceptible to resource-related, short-term boom and bust cycles, and protect the private sector from the associated spillover." @default.
- W4285048243 created "2022-07-13" @default.
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- W4285048243 date "2022-01-15" @default.
- W4285048243 modified "2023-09-25" @default.
- W4285048243 title "Private and Public Economic Impacts of Fracking in Wyoming" @default.
- W4285048243 doi "https://doi.org/10.7591/cornell/9781501760983.003.0013" @default.
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