Natural gas, shale formations, fracturing techniques, natural resources, mining, manufacturing
In 2008, the Center for Business and Economic Research released a study that estimated the economic impact of projected Fayetteville Shale activities from 2008 to 2012. This updated report revisits the assumptions of the initial study, reviews the impact of actual activities in the Fayetteville Shale from 2008 to 2011, and delivers some insights into projected impacts for 2012.
Exploration and production of natural gas in the Fayetteville Shale area generates direct effects from drilling wells and causes the need for supporting activities such as construction, transportation, storage, and distribution. Moreover, investments made by oil and gas companies produce indirect (supply chain oriented) and induced (personal expenditure related) economic impacts.
Deck, K. A., & Riiman, V. (2012). Revisiting the Economic Impact of the Natural Gas Activity in the Fayetteville Shale: 2008-2012. Publications and Presentations. Retrieved from https://scholarworks.uark.edu/cberpub/16