Shale Gas Development and Property Values Differences across Drinking Water Sources
by Lucia Muehlenbachs, Elisheba Spiller, and Christopher Timmins for Resources for the Future July, 2012
The Costs of Fracking The Price Tag of Dirty Drilling’s Environmental Damage
Who pays the cost of fracking? (Hint: it isn't the gas corporations,) PennEnvironment Research & Policy Center
Tony Dutzik and Elizabeth Ridlington, Frontier Group
John Rumpler, Environment America Research & Policy Center
The Economic Consequences of Marcellus Shale Gas Extraction: Key Issues
By Christopherson, Rightor, Kay, Riha, Rahm, Rumback, Jacquet, Wilson, Morken, Cornell University Dept of City and Regional Planning. (20 pages) Sept 8, 2011.
THE ECONOMIC IMPACT OF SHALE GAS DEVELOPMENT ON STATE AND LOCAL ECONOMIES: BENEFITS, COSTS, AND UNCERTAINTIES
A peer-reviewed article by Jannette M. Barth published in New Solutions, February 2013.
Brief Statement on the Economic Impact of Gas Drilling in the Marcellus Shale
By Jannette M. Barth, Ph.D. (Updated August 18, 2011)
A COMPREHENSIVE ECONOMIC IMPACT ANALYSIS OF NATURAL GAS EXTRACTION IN THE MARCELLUS SHALE
By Susan Christopherson and Ned Rightor, May 2011.
Unanswered Questions About The Economic Impact of Gas Drilling In the Marcellus Shale: Don’t Jump to Conclusions
The economic impact of drilling in several states does not support the conclusion that shale gas extraction will benefit New York State. Prepared by: Jannette M. Barth, Ph.D., JM Barth & Associates, Inc. March 2010.
The Economic Impact of Shale Gas Development: Can New York Learn from Texas?
Economist Jannette Barth looks at the economic impact of shale gas extraction on Texas. May 5, 2012.
Fossil Fuel Extraction as a County Economic Development Strategy: Are Energy-focusing Counties Benefiting?”
Most long-term analysis on communities that rely on “fossil fuel extraction” for economic development report overall negative consequences and diminished future competitiveness. Over one hundred counties studied over a thirty-five year period (1970 -2005). By Headwaters Economics. Revised July 2009
North American Shale Gas Plays: More Unanswered Questions
By Jannette M. Barth, Ph.D., January 17, 2011.
The Economic Value of Shale Natural Gas in Ohio
"Even with a significant conversion of vehicles ton natural gas, the energy sector as a whole has an employment share that is simply too small to significantly impact... unemployment rates.
Department of Agricultural, Environmental and Development Economics, Ohio State University. By Amanda L. Weinstein and Mark D. Partridge, December, 2011
Impacts of Energy in Colorado
"Energy development in Colorado demands massive new investment by local government in services and infrastructure. Current state and local tax policies are not providing sufficient revenue to meet growing demands." A 2008 report by the independent Headwaters Economics.
New York State Oil, Gas and Mineral Resources 2009
The DEC's Annual Report shows that New York State's 10,029 existing oil and gas wells produced around $6.2 million in revenues for local governments - that's a little more than $600 per well! (See page 9.)
Booms and Busts: The Impact of West Virginia's Energy Economy
July 2011 Produced by West Virginia Center on Budget & Policy
Wyoming Boomtowns: Local Government Impacts & Natural Gas Drilling
A 2008 Penn State power point that looks at the three stages of natural gas development.
Marcellus Shale Gas Development: What Does It Mean for Pennsylvania Schools?
Marcellus Education Fact Sheet from Penn State University, 2012.
Extracting the Facts: An Investor Guide to Disclosing Risks from Hydraulic Fracturing Operations
Investor Environmental Health Network, Interfaith Center on Corporate Responsibility, February 2012.
Marcelus shale Gas Driling: What Does it Mean for Economc Development?
Dr. Susan Christopherson's Powerpoint presentation that accompaned her report on preliminary findings. November 2010.
Economists Concerned About Economic Impact on NYS of Shale Gas Exploration, Drilling, Production and Transmission
Dr. Jannette M. Barth, Ph.D., Dr. Edward C. Kokkelenberg, Ph.D., Dr. Timothy Mount, Ph.D. letter to Gov Cuomo dated 12/14/2011
HANDOUT: Balance Sheet for NYS: What is NYS's Net Equity from Shale Gas Development?
Jannette M. Barth, Ph.D., Jan 4, 2012
The Reality of Jobs in the Gas Industry - Excerpt from Economist Jannette M. Barth Lecture
Excerpt from FRACKONOMICS, an April, 2012 lecture by Economist Jannette M. Barth, Ph.D. at the Ethical Culture Society, NYC. Barth looks at employment estimates made by industry funded researchers, and compares them to publicly available, and unbiased data.
Marcellus Shale: Land Ownership, Local Voice, and the Distribution of Lease and Royalty Dollars
Timothy W. Kelsey, Alex Metcalf, and Rodrigo Salcedo, July 18,2012
CECD Research Paper Series, Penn State
Making Shale Development Work for Ohio
Michael Farren, Amanda L. Weinstein, Mark D. Partridge Swank Program in Rural-Urban Policy Summary and Report, June, 2012.
Taxes & Tax Breaks
Impact on Other Economic Sectors
Natural Gas Drilling in the Marcellus Shale: Potential Impacts on the Tourism Economy of the Southern Tier
Real Estate, Insurance & Mortgages
Prepared for the Southern Tier Central Regional Planning and Development Board by Andrew Rumbach, Cornell University. July, 2011
Local Experiences Related to the Marcellus Shale Industry
May 10, 2011 Report from Guthrie Hospital, Bradford County, PA
PA Dairy Farms and Marcellus Shale, 2007-2010
Penn State Cooperative Extension, March 2012.
Socioeconomic Value of the Delaware River Basin in Delaware, New Jersey, New York, and Pennsylvania
The Delaware River Baisin, an economic engine for over 400 years. May 25, 2011 by Gerald J. Kauffman, U. of Delaware 88 pages
Socioeconomic Value of the Delaware River Basin in Delaware, NJ, NJ and PA
Exec Summary Gerald J. Kauffman, U of Delaware May 25, 2011
Property Values Negatively Impacted by Fracking
Other Economic Sectors
A two page Earthworks handout highlights the negative impacts of fracking on residential property. Earthworks relied on data from studies done by Duke University, Integra Realty Resources, and Williston Herald showing loss in property values, an inability to obtain mortgages, and seniors unable to afford to stay in their homes.
Homeowners and Gas Drilling Leases: Boon or Bust?
by Elisabeth N. Radow NYSBA Journal Nov/Dec 2011 21 pages Reprinted with permission from: New York State Bar Association Journal, November/December 2011, Vol. 83, No. 9, published by the New York State Bar Assoc., One Elk St., Albany, NY 12207
Gas and Oil Leases Impact on Residential Lending
By Greg May, Tompkins Trust Company, March 24, 2011.
COLLATERAL DAMAGE IN THE MARCELLUS SHALE REGION: THE DESTRUCTIVE IMPACT OF FRACK POLLUTION AND DEFECTIVE GAS LEASES ON PROPERTY VALUATIONS ANDTAXPAYER GUARANTEED MORTGAGES
Sierra Club Atlantic Chapter March 15, 2012
Impact on Housing in Appalachian Pennsylvania as a Result of Marcellus Shale
The purpose of the proposed research is to evaluate the
impact of Marcellus Shale on housing, specifically, to
evaluate the changes in the cost and stock of single
family home, new construction, low income, and rental
rates. The Institute for Public Policy and Economic Development, November 2011.
Hazards & Nuisances: Operating & Abandoned Oil and Gas Wells, Tanks & Pressure Lines
"...no dwelling may be located closer than 300 feet from an active or planned drilling site or 75 feet from an operating well; this applies to the site boundary, not to the actual well location."
FEMA: National Flood Insurance Program--Interim Tehcnical Guidance on Drilling Oil and Gas Wells in Special Flood Hazard Areas
Minimum drilling requirements for a permit to drill in Special Flood Hazard Areas.
Liability Insurance and Gas Wells
Insurance professional Pat Shearer warns that homeowners may not be able to get liability insurance if they live near a gas well.
Fracking Know-How: Risks and Risk Allocation in High-Volume Hydraulic Fracturing for Shale Gas
"... the landowner upon whose property gas exploration or production activity is conducted may face potential liability for those activities. A examination of the risks posed by fracking from the point of view of insurers.By Michael J. Case and published by Claims Management, January 2013.
Measuring the Impact of Coalbed Methan Wells on Property Values
BBC Reasearch and Consulting paper prepared for Greystone Environmental Consultants and LaPlata County, Colorado Nov 12, 2001
The Next Asbestos: Five emerging risks that could shift the liability landscape
Posted June 29,2011, DELETED July 7, 2011 per request.
Housing Policy Statement The Impact on Housing in Appalchian Pennsylvania as a Result of Marcellus Shale
Applachian Regional Commission, Nov. 2011
The Economic Impact of Tourism for New York
Calendar 2010 published by the Oxford Economics Company.
The Economic Impact of Tourism in New York -- Catskills
2010 Calendar Year, published by the Oxford Economics Company.
The Economic Impact of Tourism in New York Central NY Focus
2010 Calendar Year Report for Central NY by Oxford Economics Co.
The Economic Impact of Tourism in New York --Chautauqua-Allegheny Focus
2010 Calendar Year Report for Chautauqua-Allegheny by Oxford Economics Company.
The Economic Impact of Tourism in New York -- Finger Lakes Focus
2010 Calendar Year report on the Finger Lakes from Oxford Economics Company.
the Economic Impact of Tourism in New York -- Greater Niagara Focus
2010 Calendar Year report for Greater Niagara by Oxford Economics Company.
The Economic Impact of Tourism in New York -- Hudson Valley
2010 Calendar Year Report for Hudson Valley by Oxford Economics Company.
Stephen Cleghorn on Fracking the Farmland: The Resistance Begins With One Man
Dr. Stephen Cleghorn, sociologist and an organic farmer from Jefferson County, PA. Recorded at the Epic No Frack Event at Ithaca College, Saturday, June 25, 2011. From Shaleshock Media. (Video 28 minutes.)
Ground Up: Cultivating Sustainable Agriculture in the Catskill Region
Columbia University Urban Design Research Seminar, Spring 2010.
Hydraulic fracturing a danger to water, food, farmland:
Canada's National Farmers Union calls for a moratorium on fracking. February 23, 2012
Why the Water Industry is Promoting Shale Gas Development
Dec., 2011 Food & Water Watch 5 pages