This study uses a structural vector autoregressive (SVAR) model to examine the relationships between the intensity of drilling (i.e. investment) for natural gas production, natural gas withdrawals, economic activity and natural gas prices in the United States. The results show that the reaction...

As governments and corporations have intensified their efforts to locate, extract, and capitalise oil, gas, and various other biophysical materials, the world has simultaneously witnessed a proliferation of social resistance to these efforts. While taking many forms, such resistance, and...

This study uses a structural vector autoregressive (SVAR) model to examine the relationships between the intensity of drilling (i.e. investment) for natural gas production, natural gas withdrawals, economic activity and natural gas prices in the United States. The results show that the reaction...

The authors analyze the economics of natural gas production in the U.S. in light of the government's recent dramatic upward revisions in gas reserve estimates as a result of advances in horizontal drilling and fracturing (“fracking”). While some observers believe the U.S. will enjoy very...

We analyze mortgage lenders’ behavior with respect to shale gas risk during the period of the U.S. shale gas boom, which coincided with fluctuations in the U.S. housing market and increased scrutiny in the lending industry. Shale gas operations have the potential to place affected houses into...

The UK is believed to hold prolific reserves of shale gas; the quality of which has been compared and sometimes branded superior to the much successful US shale plays. Nonetheless, after more than ten years since the 13th Onshore Licensing Round, the fracking industry is said to have benefited...

Oil and gas leases between mineral owners and extraction firms ubiquitously include royalty and primary term clauses. The royalty denotes the share of revenue that is paid to the mineral owner, and the primary term specifies the date by which the firm must complete a well, lest it lose the...

Clean utilization of CO2-rich industrial waste gas ( CO2-rich IWG ) is of great significance to realize carbon neutralization. Due to the strong adsorption capacity of clay and organic matter in shale to CO2, it has a good potential for CO2-rich IWG storage and replacement. So, the feasibility...

With the large-scale development of shale gas, oil-based drilling fluids are widely used, generating significant amounts of solid wastes from oil-based shale drilling cutting (OBSDC), which are difficult to degrade and biologically toxic. The current treatment methods do not meet the...

The successful development of shale gas industry in China has a significant impact on China's energy consumption structure and the world energy market. Based on the socio-technical transition theory, this study defines the development of shale gas industry as the socio-technical system...

This paper introduces endogenous technological change in a Hotelling-Herfindahl model of natural resource use to study the recent developments in the U.S. natural gas industry. We consider optimal forward-looking technology investments, and study implications for the order of extraction of...

Argentina is the largest gas market in South and Central America, with demand in excess of 41 bcm/year in 2020, which is comparable to the size of the French gas market. The discovery and development of Vaca Muerta world class unconventional gas resources created expectations that Argentina...

This research exploits the introduction of shale gas wells in Pennsylvania in response to growing controversy around the drilling method of hydraulic fracturing. Using detailed location data on maternal addresses and GIS coordinates of gas wells, this study examines singleton births to mothers...

Using a unique combination of datasets and estimation techniques, we test whether private lease negotiations to extract oil and natural gas exhibit features of Coasian efficiency. We demonstrate that measures of wealth (including income, house square footage, and land acreage), typically...

We analyze mortgage lenders' behavior with respect to shale gas risk during the period of the U.S. shale gas boom, which coincided with fluctuations in the U.S. housing market and increased scrutiny in the lending industry. Shale gas operations have the potential to place affected houses into...

A study of ground level atmospheric ethane concentrations from twenty four stations around the world in the sample period 2005-2015 does not show evidence that ethane emissions from shale gas production have reversed a falling trend in atmospheric ethane in the Northern Hemisphere. The data...

Introduction: beyond the boom -- The shale boom in historical perspective -- Local jurisdictions and variation in state law in the Marcellus Shale region -- How the legal framework of fracking in Appalachia disserves the poor -- Framing fracking through local lenses -- Using boomtown models to...

We examine an open economy's strategy to reduce its carbon emissions by replacing its consumption of coal—very carbon intensive—with gas—less so. Unlike the standard theoretical approach to carbon leakage, we show that unilateral CO2 reduction policies generate a higher leakage rate in the...

Water is one of the most important commodities in the world and plays an essential role in the hydrocarbon industry. With increased agricultural production, rapid industrialization, population growth and climate change, the world is facing an extreme water crisis in many regions. Coupled with a...

We evaluate the impact of the credit conditions facing corporations on their emissions of toxic air pollutants. Exploiting cross-county, cross-time shale discoveries that generated liquidity windfalls at local bank branches, we construct measures of (1) the degree to which banks in non-shale...

Water is one of the most important commodities in the world and plays an essential role in the hydrocarbon industry. With increased agricultural production, rapid industrialization, population growth and climate change, the world is facing an extreme water crisis in many regions. Coupled with a...

Oil and gas leases between mineral owners and extraction firms ubiquitously include royalty and primary term clauses. The royalty denotes the share of revenue that is paid to the mineral owner, and the primary term specifies the date by which the firm must complete a well, lest it lose the...

Oil and gas leases between mineral owners and extraction firms ubiquitously include royalty and primary term clauses. The royalty denotes the share of revenue that is paid to the mineral owner, and the primary term specifies the date by which the firm must complete a well, lest it lose the...

We examine an open economy's strategy to reduce its carbon emissions by replacing its consumption of coal - very carbon intensive - with gas - less so. Unlike the standard theoretical approach to carbon leakage, we show that unilateral CO2 reduction policies generate a higher leakage rate in the...

The evaluation and analysis of barriers that restrict the large-scale development of shale gas are beneficial to the selection of a scientific and reasonable development model. The objective of our study was to reveal the key barriers to the large-scale development of shale gas in China. Sixteen...

Formate fluids are considered as one of the most efficient drilling fluids in petroleum industries, especially in shale to minimize the drilling inefficiencies during the operational performances. The objective of this study is to compare the profound impact of sodium and potassium formate...

This study assesses the overall technical, economic, environmental, and social costs and benefits of the hydraulic fracturing (“fracking”) of natural gas. Drawn from a review of more than 100 studies looking at shale gas in the past 10 years, most of them peer-reviewed, this article begins...

The evaluation and analysis of barriers that restrict the large-scale development of shale gas are beneficial to the selection of a scientific and reasonable development model. The objective of our study was to reveal the key barriers to the large-scale development of shale gas in China. Sixteen...

Oil and gas lease negotiations provide mineral owners the opportunity to negotiate for both compensation and auxiliary clauses that may protect their health and properties. We use optical character recognition to assemble a novel dataset of compensation and specific clauses in nearly 60,000...

We analyze how information disclosure policy affects investment efficiency in non-cooperative settings with information externalities. In a two-firm, two-period model, we characterize equilibrium behavior under policies which disclose whether investment returns exceed a predefined level. These...