The Labor Market Effects of U.S. Shale Gas and Oil Development
Early Career Research Award
The United States is currently experiencing a boom in domestic gas and oil production, in part due to the availability of new technologies related to hydraulic fracturing (i.e. “fracking”). In the proposed research, I will evaluate how the energy boom has influenced labor markets in areas with shale oil and gas reserves. While previous studies have focused primarily on the effect of energy booms on job creation, I will focus primarily on compensation effects. This research will be valuable for evaluations of different policy options related to drilling, which often involve comparing the economic benefits to the potential environmental harm.