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Sector Effects of Shale Gas Development

In: Economics of Unconventional Shale Gas Development

Author

Listed:
  • Alan Krupnick

    (Resources for the Future)

  • Zhongmin Wang

    (Resources for the Future)

  • Yushuang Wang

    (Resources for the Future)

Abstract

This chapter reviews the impact of the shale gas revolution in the USA on the sectors of electricity generation, transportation, and manufacturing. Natural gas is substituting for other fuels, particularly coal, in electricity generation, resulting in lower CO2 emissions from this sector. The use of natural gas in the transportation sector is currently negligible but is projected to increase with more investments in refueling infrastructure and better natural gas vehicle technologies. Petrochemical and other manufacturing industries in the USA and abroad have responded to lower natural gas prices by investing in US-located manufacturing projects.

Suggested Citation

  • Alan Krupnick & Zhongmin Wang & Yushuang Wang, 2015. "Sector Effects of Shale Gas Development," Natural Resource Management and Policy, in: William E. Hefley & Yongsheng Wang (ed.), Economics of Unconventional Shale Gas Development, edition 127, pages 203-232, Springer.
    • Handle: RePEc:spr:nrmchp:978-3-319-11499-6_9
    DOI: 10.1007/978-3-319-11499-6_9
    as

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