Skip to main content Accessibility help
×
Hostname: page-component-cd9895bd7-jkksz Total loading time: 0 Render date: 2024-12-24T18:29:31.133Z Has data issue: false hasContentIssue false

5 - Risks and Opportunities of Unconventional Natural Gas: Australia and the United States

Published online by Cambridge University Press:  21 January 2017

R. Quentin Grafton
Affiliation:
Australian National University, Canberra
Ian G. Cronshaw
Affiliation:
Australian National University, Canberra
Michal C. Moore
Affiliation:
University of Calgary
Get access

Summary

Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Chapter
Information
Risks, Rewards and Regulation of Unconventional Gas
A Global Perspective
, pp. 92 - 110
Publisher: Cambridge University Press
Print publication year: 2016

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

ACIL Tasman (2012). Economic significance of coal seam gas in Queensland. Report prepared for the Australian Petroleum Production and Exploration Association.Google Scholar
ACIL Tasman (2013). Cost of gas for the 2013 to 2016 regulatory period: a report on the wholesale cost of gas for the review for standard retailers in New South Wales. Report prepared for the Independent Pricing and Regulatory Tribunal.Google Scholar
Australian Petroleum Production and Exploration Association (APPEA) (2012). State of the industry 2012: a status report on Platform for Prosperity – a strategy for maximising the value of Australia's oil and gas resources. www.appea.com.au/wp-content/uploads/2013/04/121130_State-of-the-Industry-2012_web.pdf (accessed 23 December 2015).Google Scholar
BaizelB. (2012). Testimony before the US House Committee on Natural Resources, Subcommittee on Energy and Mineral Resources oversight hearing on ‘Federal regulation: economic, job and security implications of federal hydraulic fracturing regulation. Earthworks. www.earthworksaction.org/library/detail/testimony_before_the_us_house_committee_on_natural_resources#.Vnmynnlunct (accessed 23 December 2015).Google Scholar
BaronR, BernsteinP, MontgomeryW.D. and TuladharS. (2015). Macroeconomic impacts of LNG exports from the United States. Economics of Energy & Environmental Policy, 4 (1).CrossRefGoogle Scholar
British Columbia Oil and Gas Commission (2014). Investigation of observed seismicity in the Montney trend. Technical Report.Google Scholar
BrownJ.P. (2014). Production of natural gas from shale in local economies: a resource blessing or curse? Federal Reserve Bank of Kansas City. Accessed from https://www.kansascityfed.org/publicat/econrev/pdf/14q1Brown.pdf on 21 December 2015.Google Scholar
BrownJ.P., FitzgeraldT. and WeberJ.G. (2015). Capturing rents from natural resource abundance: private royalties from US onshore oil & gas production. Paper presented at the 2015 Agricultural & Applied Economics Association and Western Agricultural Economics Association Meeting, San Francisco, CA, 26–28 July 2015. Accessed on 21 December 2015 from http://ageconsearch.umn.edu/bitstream/205657/2/royalties_manuscript_ageconsearch2.pdf.Google Scholar
Bureau of Resources and Energy Economics (BREE) (2014). Eastern Australian domestic gas market study. Department of Industry, Canberra.Google Scholar
Center for Sustainable Shale Development (CSSD) (2015). Performance standards. www.sustainableshale.org/performance-standards/ (accessed 23 December 2015).Google Scholar
CookP., BeckV., BreretonD. et al. (2013). Engineering energy: unconventional gas production. Report for the Australian Council of Learned Academies, www.acola.org.au.Google Scholar
Cronshaw, I. and Grafton, R.Q. (2016). Economic benefits, external costs and the regulation of unconventional gas in the United States. Energy Policy, 98: 180196.CrossRefGoogle Scholar
Energy Skills QLD (2013). Queensland CSG to LNG Industry Workforce Plan. www.energyskillsqld.com.au/wp-content/uploads/Queensland-CSG-to-LNG-Industry-Workforce-Plan-Energy-Skills-Qld.pdf (accessed 11 Dec. 15).Google Scholar
Environmental Protection Agency (EPA) (2015). Assessment of the potential impacts of hydraulic fracturing for oil and gas on drinking water resources. EPA/600/R-15/047a, June 2015.Google Scholar
FlemingD.A. and MeashamT.G. (2015). Local economic impacts of an unconventional energy boom: The coal seam gas industry in Australia. Australian Journal of Agricultural and Resource Economics, 59 (1): 7894.CrossRefGoogle Scholar
FlemingD.A., KomarekT., PartridgeM. and MeashamT. (2015). The booming socioeconomic impacts of shale: a review of findings and empirical methods. Working Paper available at Research Gate. DOI: 10.13140/RG.2.1.1253.7685.CrossRefGoogle Scholar
FracFocus (2014). Hydraulic fracturing: how it works. Available at: http://fracfocus.org/hydraulic-fracturing-process (Accessed 10 December 2015).Google Scholar
GasFields Commission (2013). Shale gas regulation – an American perspective. www.gasfieldscommissionqld.org.au/whats-happening/shale-gas-regulation-an-american-perspective.html (accessed 11 December 2015)Google Scholar
GopalakrishnanS. and KlaiberH.A. (2014). Is the shale energy boom a bust for nearby residents? Evidence from housing values in Pennsylvania. American Journal of Agricultural Economics, 96 (1): 4366.CrossRefGoogle Scholar
IHS (2012). The economic and employment contributions of unconventional gas development in State economies. Report prepared for America's Natural Gas Alliance. http://marcelluscoalition.org/wp-content/uploads/2012/06/State_Unconv_Gas_Economic_Contribution_Main.pdf (accessed 11 December 2015).Google Scholar
International Energy Agency (IEA) (2012). Golden Rules for a Golden Age of Gas: World Energy Outlook Special Report on Unconventional Gas. OECD Publishing, Paris.Google Scholar
International Energy Agency (IEA) (2013). World Energy Outlook 2013. OECD Publishing, Paris.Google Scholar
International Energy Agency (IEA) (2015). World Energy Outlook 2015. OECD Publishing, Paris.Google Scholar
MuehlenbachsL., SpillerE. and TimminsC. (2015). The housing market impacts of shale gas development. American Economic Review, 105 (12): 36333659.CrossRefGoogle Scholar
ObamaB. (2014). President Barack Obama's State of the Union Address. www.whitehouse.gov/the-press-office/2014/01/28/president-barack-obamas-state-union-address (accessed 11 December 2015).Google Scholar
Ohio Environment Council (OEC) (2013). OEC proposes safer Gas Act for oil and gas drilling. www.theoec.org/press-releases/oec-proposes-safer-gas-act-oil-gas-drilling (accessed 11 December 2015)Google Scholar
PorterM.E., GeeD.S. and PopeG.J. (2015). America's Unconventional Energy Opportunity: A win–win plan for the economy, the environment, and a lower-carbon, cleaner-energy future. Harvard Business School, Boston.Google Scholar
Standing Council on Energy and Resources (SCER) (2013). The National Harmonised Regulatory Framework for Natural Gas from Coal Seams. http://scer.govspace.gov.au/files/2013/06/National-Harmonised-Regulatory-Framework-for-Natural-Gas-from-Coal-Seams.pdf (accessed 11 December 2015).Google Scholar
WatsonM. (2014). What LEED did for buildings, this could do for shale gas production. US Environmental Defense Fund blog, January 2014.Google Scholar
WeberJ.G. (2012). The effects of a natural gas boom on employment and income in Colorado, Texas and Wyoming. Energy Economics 34 (5): 15801588.CrossRefGoogle Scholar
WeberJ.G., BurnettJ.W. and XiarchosI.M. (2014). Shale gas development and housing values over a decade: evidence from the Barnett Shale. Working Paper No. 14–165. US Association for Energy Economics Proceedings Paper. Accessed on 21 December 2015 at: http://works.bepress.com/wesley_burnett/9.Google Scholar

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×