Economic, Environmental, and Health Impacts of the Fracking Boom

Katie Jo Black (), Andrew J. Boslett, Elaine Hill, Lala Ma and Shawn J. McCoy
Additional contact information
Katie Jo Black: Department of Economics, Kenyon College, Gambier, Ohio 43022, USA
Andrew J. Boslett: Rochester Data Science Consortium, Rochester, New York 14604, USA
Shawn J. McCoy: Department of Economics, University of Nevada, Las Vegas, Nevada 89154, USA

Annual Review of Resource Economics, 2021, vol. 13, issue 1, 311-334

Abstract: The shale gas boom revolutionized the energy sector through hydraulic fracturing (fracking). High levels of energy production force communities, states, and nations to consider the externalities and potential risks associated with this unconventional oil and natural gas development (UOGD). In this review, we systematically outline the environmental, economic, and anthropogenic impacts of UOGD, while also considering the diverse methodological approaches to these topics. We summarize the current status and conclusions of the academic literature, in both economic and related fields, while also providing suggested avenues for future research. Causal inference will continue to be important for the evaluation of UOGD costs and benefits. We conclude that current economic, global, and health forces may require researchers to revisit outcomes in the face of a potential shale bust.

Keywords: hydraulic fracturing; fracking; environmental; economic externalities (search for similar items in EconPapers)
JEL-codes: Q3 Q4 Q5 R1 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://doi.org/10.1146/annurev-resource-110320-092648
Full text downloads are only available to subscribers. Visit the abstract page for more information.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:anr:reseco:v:13:y:2021:p:311-334

Ordering information: This journal article can be ordered from
http://www.annualreviews.org/action/ecommerce

DOI: 10.1146/annurev-resource-110320-092648

Access Statistics for this article

More articles in Annual Review of Resource Economics from Annual Reviews Annual Reviews 4139 El Camino Way Palo Alto, CA 94306, USA.
Bibliographic data for series maintained by http://www.annualreviews.org ().