Sector Effects of Shale Gas Development

Alan Krupnick (), Zhongmin Wang () and Yushuang Wang ()
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Alan Krupnick: Resources for the Future
Zhongmin Wang: Resources for the Future
Yushuang Wang: Resources for the Future

A chapter in Economics of Unconventional Shale Gas Development, 2015, pp 203-232 from Springer

Abstract: Abstract This chapter reviews the impact of the shale gas revolution in the USA on the sectors of electricity generation, transportation, and manufacturing. Natural gas is substituting for other fuels, particularly coal, in electricity generation, resulting in lower CO2 emissions from this sector. The use of natural gas in the transportation sector is currently negligible but is projected to increase with more investments in refueling infrastructure and better natural gas vehicle technologies. Petrochemical and other manufacturing industries in the USA and abroad have responded to lower natural gas prices by investing in US-located manufacturing projects.

Keywords: Electricity Price; Payback Period; Annual Energy Outlook; American Chemistry Council (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:nrmchp:978-3-319-11499-6_9

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DOI: 10.1007/978-3-319-11499-6_9

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