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Reports: Economy

Reports Found: 3
September 24, 2013

The Social Costs of Fracking

This study is the first detailed, long-term analysis of the social costs of fracking borne by rural Pennsylvania communities.

November 29, 2011
Filed in: ,

How New York State Exaggerated Potential Job Creation from Shale Gas Development

The Cuomo administration is currently considering regulations that would allow widespread drilling and fracking for shale gas in New York. The regulations being considered are based on the state’s 1,537-page environmental impact analysis, which included a socioeconomic impact analysis with job and revenue projections for several different shale gas development scenarios in the state.

Food & Water Watch closely examined New York’s socioeconomic impact analysis and found that it does the people of New York a disservice. The New York analysis concluded that an “average” shale gas devel- opment scenario would bring 53,969 jobs, but only in the fine print of a footnote of the widely read factsheet is it mentioned that this is a 30-year projection.

November 15, 2011

Exposing the Oil and Gas Industry’s False Jobs Promise for Shale Gas Development: How Methodological Flaws Grossly Exaggerate Jobs Projections

The oil and gas industry, industry-funded academics and ideological think tanks have promoted shale gas development — through the controversial process of hydraulic fracturing, or fracking — as a sure-fire job creator during difficult economic times. Food & Water Watch closely examined a recent report touting the job-creation potential of shale gas development and found numerous inaccuracies and methodological flaws. Even after correcting for these problems, questions remain about the validity of using economic forecasting models to predict the economic impacts of expanded shale gas development.