The rise of shale gas and tight oil development has triggered a major debate about hydraulic fracturing (HF). In an effort to bring light to HF practices and their potential risks to water quality, many U.S. states have mandated disclosure for HF wells and the fluids used. We employ this setting...

The rise of shale gas and tight oil development has triggered a major debate about hydraulic fracturing (HF). In an effort to bring light to HF practices and their potential risks to water quality, many U.S. states have mandated disclosure for HF wells and the fluids used. We employ this setting...

Many studies find that areas more dependent on natural resources grow more slowly – a relationship known as the resource curse. For counties in the south-central U.S., I find little evidence of an emerging curse from greater natural gas production during the 2000s. Increases in population...

This paper analyzes the historical and current energy booms of Trinidad and Tobago, and points out the main policy issues during boom times. It provides practical suggestions on the long-term management of the expected resource windfall in Trinidad and Tobago, and outlines theoretical guidelines...

This paper discusses the rising profile of natural gas in global energy, factors constraining its further development, the gas contracting process, and the absence of a global market, which is analyzed in the context of the economic rent in the gas price and the opaque nature of gas contracts. A...

Equatorial Guinea has recorded one of Africa’s fastest growth rates, as its petroleum industry has expanded and strengthened the country’s economic and fiscal sustainability. Executive Directors endorsed the National Development Plan to enhance productivity and achieve the MDGs....