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Eagle Ford and the State of Texas

Thomas Tunstall ()
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Thomas Tunstall: University of Texas at San Antonio

A chapter in Economics of Unconventional Shale Gas Development, 2015, pp 121-148 from Springer

Abstract: Abstract The Eagle Ford Shale formation has had wide ranging effects in South Texas. For the larger 20-county area, Eagle Ford Shale activity generated over $61 billion in economic impact and supported 116,000 jobs in 2012. These impacts are being felt across some of the traditionally poorest counties in the state of Texas. The build-out of supporting infrastructure such as rail and pipelines has been substantial. There have also been strains on other types of infrastructure such as roads, water and wastewater treatment, and housing. The implications of unconventional shale oil and gas development also have global implications, such as the prospect for exporting natural gas from the United States. Yet, community sustainability remains a key concern for local leaders. In order to assuage concerns about the prospects for an eventual slowdown, community leaders are looking for ways to build high-quality infrastructure and diversify their economies.

Keywords: Resource Curse; County Road; Texas Gulf Coast; Bexar County; Eagle Ford Shale (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_6

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DOI: 10.1007/978-3-319-11499-6_6

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