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    ECONOMIC-DEVELOPMENT STAKEHOLDER PERSPECTIVES ON BOOMTOWN DYNAMICS IN THE EAGLE FORD SHALE, TEXAS

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    Date
    2016-11-17
    Author
    Murphy, Trey
    Brannstrom, Christian
    Fry, Matthew
    Ewers, Michael
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    Abstract
    Unconventional oil and gas production in the United States reversed a decades- old trend of rising oil imports, provided an argument for lifting the U.S. crude oil export ban and motivated the development of domestic natural gas export facilities. But the most visible impact of unconventional-hydrocarbon extraction is the creation of boomtowns in rural regions. Despite widespread media coverage, scholarly analysis of boomtowns is restricted to regional econometric studies with little attention to how economic stakeholders understand and respond to booming economies. Here we analyze interviews with key economic stakeholders in the Eagle Ford Shale in Texas. Respondents consider their community’s economic success relative to the price of oil and indicate concerns about the deterioration of roads, high housing demand, and skyrocketing wages. We also re-examine John Gilmore’s foundational work on boomtowns in the 1970s in the context of contemporary unconventional extraction.
    DOI/handle
    http://dx.doi.org/10.1111/gere.12226
    http://hdl.handle.net/10576/5183
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    • Social & Economic Survey Research Institute Research [‎294‎ items ]

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