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Fueling up : the economic implications of America's oil and gas boom / Trevor Houser and Shashank Mohan.
- Format:
- Book
- Author/Creator:
- Houser, Trevor.
- Language:
- English
- Subjects (All):
- Petroleum industry and trade--United States.
- Petroleum industry and trade.
- Gas industry--United States.
- Gas industry.
- Energy consumption--United States.
- Energy consumption.
- Energy policy--United States.
- Energy policy.
- Physical Description:
- 1 online resource
- Edition:
- 1st ed.
- Place of Publication:
- Washington, DC : Peterson Institute for International Economics, 2013.
- Summary:
- New drilling techniques for oil and natural gas are propelling an energy production renaissance in the United States. As the US economy struggles to emerge from the Great Recession, many see the boom as a possible source of economic salvation that could reduce unemployment and revitalize American manufacturing. Until now, however, there has been little objective analysis of the energy boom's economic consequences. In this major study, Trevor Houser and Shashank Mohan fill that gap. They assess the impact of the recent and projected increase in domestic energy production on US GDP, employment growth, manufacturing competitiveness, household expenditures, and international trade balance. Alongside its economic impact, the American energy revolution is raising new environmental and trade policy questions. What are the consequences for the environment and global warming of increased domestic oil and gas production? Should companies be allowed to export the energy they produce or will doing so undermine American manufacturing competitiveness? Houser and Mohan provide independent research and analysis that will help policymakers navigate these issues.
- Contents:
- Introduction
- The dark before the dawn
- An oil and gas renaissance
- Economic impact
- The demand side of the ledger
- Regional and sectoral effects
- Environmental costs and benefits
- Trade policy considerations
- Conclusions.
- Notes:
- Description based on print version record.
- Description based on publisher supplied metadata and other sources.
- ISBN:
- 0-88132-657-7
- OCLC:
- 868068916
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