We study the effects of the property tax base shock caused by natural gas drilling in the Barnett Shale in Texas–a state that taxes oil and gas wells as property. Over the boom and bust in drilling, housing appreciation closely followed the oil and gas property tax base, which expanded the...

Agricultural and energy commodity prices have traditionally exhibited relatively low –even negative correlation. However, the recent increases in biofuel production havealtered the agriculture-energy relationship in a fundamental way. The amount of cornutilized for ethanol production in the US...