Employment Impacts Of Upstream Oil And Gas Investment In The United States

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Employment Impacts of Upstream Oil and Gas Investment in the United States

Author : Mark Agerton
Publisher : International Monetary Fund
ISBN 13 : 1498345514
Total Pages : 36 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Employment Impacts of Upstream Oil and Gas Investment in the United States by : Mark Agerton

Download or read book Employment Impacts of Upstream Oil and Gas Investment in the United States written by Mark Agerton and published by International Monetary Fund. This book was released on 2015-02-11 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technological progress in the exploration and production of oil and gas during the 2000s has led to a boom in upstream investment and has increased the domestic supply of fossil fuels. It is unknown, however, how many jobs this boom has created. We use time-series methods at the national level and dynamic panel methods at the state-level to understand how the increase in exploration and production activity has impacted employment. We find robust statistical support for the hypothesis that changes in drilling for oil and gas as captured by rig-counts do in fact, have an economically meaningful and positive impact on employment. The strongest impact is contemporaneous, though months later in the year also experience statistically and economically meaningful growth. Once dynamic effects are accounted for, we estimate that an additional rig-count results in the creation of 37 jobs immediately and 224 jobs in the long run, though our robustness checks suggest that these multipliers could be bigger.

Employment Impacts of Upstream Oil and Gas Investment in the United States

Author : Mark Agerton
Publisher :
ISBN 13 : 9781498361330
Total Pages : pages
Book Rating : 4.3/5 (613 download)

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Book Synopsis Employment Impacts of Upstream Oil and Gas Investment in the United States by : Mark Agerton

Download or read book Employment Impacts of Upstream Oil and Gas Investment in the United States written by Mark Agerton and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Technological progress in the exploration and production of oil and gas during the 2000s hasled to a boom in upstream investment and has increased the domestic supply of fossil fuels. Itis unknown, however, how many jobs this boom has created. We use time-series methods atthe national level and dynamic panel methods at the state-level to understand how the increasein exploration and production activity has impacted employment. We find robust statisticalsupport for the hypothesis that changes in drilling for oil and gas as captured by rig-counts doin fact, have an economically meaningful and po

Employment Impacts of Upstream Oil and Gas Investment in the United States

Author : Mark Agerton
Publisher : International Monetary Fund
ISBN 13 : 1498376061
Total Pages : 36 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Employment Impacts of Upstream Oil and Gas Investment in the United States by : Mark Agerton

Changing The Whole US Economy

Author : Shamika Balluch
Publisher :
ISBN 13 :
Total Pages : 118 pages
Book Rating : 4.7/5 (397 download)

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Book Synopsis Changing The Whole US Economy by : Shamika Balluch

Download or read book Changing The Whole US Economy written by Shamika Balluch and published by . This book was released on 2021-04-17 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: America's oil and natural gas industry supports 10.3 million jobs in the United States and nearly 8 percent of our nation's Gross Domestic Product. We spur economic growth through hundreds of billions of dollars investing right here at home every year. The extraction of oil and natural gas from shale has reduced the amount of oil the United States needs to import and is adding to the economy in the forms of jobs, investment, and growth. Oil exploration and production is again an important industry in the United States. The US has led the world in increasing oil supplies since 2008 and is projected to establish a new all-time record high oil production before 2020. Production from tight oil plays is projected to contribute about 5 MMb/d or more than 40% of US oil production by 2020. In this book, we will look at how oil prices impact the U.S. economy. Buy now.

Oil and Gas Tax Incentives and Rising Energy Prices

Author : United States. Congress. Senate. Committee on Finance
Publisher :
ISBN 13 :
Total Pages : 392 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Oil and Gas Tax Incentives and Rising Energy Prices by : United States. Congress. Senate. Committee on Finance

Download or read book Oil and Gas Tax Incentives and Rising Energy Prices written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2011 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An Economic Impact Analysis of Oil and Natural Gas Development in the Permian Basin

Author : Haoying Wang
Publisher :
ISBN 13 :
Total Pages : 18 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis An Economic Impact Analysis of Oil and Natural Gas Development in the Permian Basin by : Haoying Wang

Download or read book An Economic Impact Analysis of Oil and Natural Gas Development in the Permian Basin written by Haoying Wang and published by . This book was released on 2018 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyzes the economic impact of oil and natural gas development in the Permian Basin with a focus on the NM part of the Basin. The analysis looks at the impacts on state revenue, local employment and income levels. Several existing economic impact reports from other states have been criticized by the peer-review literature that the impact estimates are very likely overstated due to questionable methodologies. In this analysis, a panel data regression model with county fixed effects and year effects is deployed to identify the impact of oil and natural gas production on employment and per job annual income at the county level. The analysis covers 62 counties (12 counties in NM and 50 counties in TX) for the time period of 1998 - 2016. The main findings of the analysis can be summarized as:1. Over the last decade, according to different estimates the state revenue generated by the oil and natural gas industries in NM has been consistently exceeding one billion dollars per year. In the meantime, a large amount of intensive direct investment has been capitalized into the southeast NM.2. In aggregate, per job annual income (in the real term) and the number of jobs have both experienced significant growth in the last two decades of active oil and natural gas development in the region. It is reasonable to speculate that much of the growth can be attributed to the ongoing energy development.3. It is estimated that on average additional one million BBLs of oil equivalent production brings 54 jobs and about $170 (2015 dollar) extra annual income per job (or a 0.5% increase) in the county of production.4. The intensive oil and natural gas production around the center of the basin (Lea County and Eddy County in NM) have had significant spatial spillover effects to the surrounding counties. Depending on the distance from the given county to the center of the Basin and for additional one million BBLs of oil equivalent production, the employment effect ranges from 35 to 10 jobs and the income effect ranges from $170 to $90 (2015 dollar) extra annual income per job.The paper also provides details on methodology and guidelines on how to interpret estimation results. The estimated economic impact coefficients can be used for prediction purpose with available future production scenarios. The paper includes instructions and suggestions on how the prediction may proceed.

The United States and International Oil

Author : Robert B. Krueger
Publisher : Greenwood
ISBN 13 :
Total Pages : 784 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The United States and International Oil by : Robert B. Krueger

Download or read book The United States and International Oil written by Robert B. Krueger and published by Greenwood. This book was released on 1975 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Renewable Energy and Jobs – Annual Review 2020

Author : International Renewable Energy Agency IRENA
Publisher : International Renewable Energy Agency (IRENA)
ISBN 13 : 9292602667
Total Pages : 96 pages
Book Rating : 4.2/5 (926 download)

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Book Synopsis Renewable Energy and Jobs – Annual Review 2020 by : International Renewable Energy Agency IRENA

Download or read book Renewable Energy and Jobs – Annual Review 2020 written by International Renewable Energy Agency IRENA and published by International Renewable Energy Agency (IRENA). This book was released on 2019-06-01 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sixth edition of the series highlights employment trends in renewables worldwide, noting increasing diversification of the supply chain.

Do Workers Benefit from Resource Booms in Their Home State?

Author : John V. Winters
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (116 download)

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Book Synopsis Do Workers Benefit from Resource Booms in Their Home State? by : John V. Winters

Download or read book Do Workers Benefit from Resource Booms in Their Home State? written by John V. Winters and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Fracking innovations revolutionized the United States oil and gas industry and facilitated a boom in energy production in states with oil and gas resources. This paper examines effects of oil and gas booms within a state on individual employment and earnings. To account for endogenous migration decisions, we instrument for oil and gas production in workers' state of residence via the predicted percent of oil and gas employment in their state of birth. We find statistically significant and economically meaningful positive effects. The bulk of the effects accrue to workers employed outside the oil and gas industry indicating sizable spillovers.

Oil and Gas Production Handbook: An Introduction to Oil and Gas Production

Author : Havard Devold
Publisher : Lulu.com
ISBN 13 : 1105538648
Total Pages : 84 pages
Book Rating : 4.1/5 (55 download)

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Book Synopsis Oil and Gas Production Handbook: An Introduction to Oil and Gas Production by : Havard Devold

Download or read book Oil and Gas Production Handbook: An Introduction to Oil and Gas Production written by Havard Devold and published by Lulu.com. This book was released on 2013 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Hydraulic Fracturing Impacts and Technologies

Author : Venki Uddameri
Publisher : CRC Press
ISBN 13 : 1498721214
Total Pages : 310 pages
Book Rating : 4.4/5 (987 download)

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Book Synopsis Hydraulic Fracturing Impacts and Technologies by : Venki Uddameri

Download or read book Hydraulic Fracturing Impacts and Technologies written by Venki Uddameri and published by CRC Press. This book was released on 2015-06-22 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hydraulic Fracturing Impacts and Technologies: A Multidisciplinary Perspective serves as an introduction to hydraulic fracturing and provides balanced coverage of its benefits and potential negative effects. Presenting a holistic assessment of hydraulic fracturing and its environmental impacts, this book chronicles the history and development of un

Reliable, Affordable, and Environmentally Sound Energy for America's Future

Author : United States. National Energy Policy Development Group
Publisher : Group Publishing (Company)
ISBN 13 :
Total Pages : 176 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Reliable, Affordable, and Environmentally Sound Energy for America's Future by : United States. National Energy Policy Development Group

Download or read book Reliable, Affordable, and Environmentally Sound Energy for America's Future written by United States. National Energy Policy Development Group and published by Group Publishing (Company). This book was released on 2001 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Environment and Sustainable Development

Author : Manish K. Verma
Publisher : Taylor & Francis
ISBN 13 : 1000486397
Total Pages : 324 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Environment and Sustainable Development by : Manish K. Verma

Download or read book Environment and Sustainable Development written by Manish K. Verma and published by Taylor & Francis. This book was released on 2021-11-29 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a comprehensive account of the linkages between environment and sustainable development in society from an interdisciplinary perspective. With its case studies from across the world, including countries such as India, Australia, South Africa, Sri Lanka, the United States, Croatia, Italy, Brazil, Japan, and Kenya, it explores critical environmental issues concerning energy justice, queer ecology, mountain cultures, incarceration, energy strategies, mining tourism, pollution control mechanisms, social impacts of oil and gas production, contract farming, gender mainstreaming, climate change, and droughts and adaptation strategies along with literacy, leisure, well-being, development, sexuality, sustainability and environmental education. The book examines several dimensions within global environment of the adverse impact of developmental activities, discusses sustainable development activities undertaken in contemporary times, and underscores the importance of a just, people-centric policy framework in promoting sustainable development. Lucid and topical, this book will be useful to scholars and researchers of environmental studies, development studies, sustainable development, political studies, sociology, and political economy. It will also interest policymakers, development practitioners, NGOs and think tanks working on environment and sustainable development, climate issues and SDGs.

Eating Grass

Author : Feroz Khan
Publisher : Stanford University Press
ISBN 13 : 0804784809
Total Pages : 550 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Eating Grass by : Feroz Khan

Download or read book Eating Grass written by Feroz Khan and published by Stanford University Press. This book was released on 2012-11-07 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt: The history of Pakistan's nuclear program is the history of Pakistan. Fascinated with the new nuclear science, the young nation's leaders launched a nuclear energy program in 1956 and consciously interwove nuclear developments into the broader narrative of Pakistani nationalism. Then, impelled first by the 1965 and 1971 India-Pakistan Wars, and more urgently by India's first nuclear weapon test in 1974, Pakistani senior officials tapped into the country's pool of young nuclear scientists and engineers and molded them into a motivated cadre committed to building the 'ultimate weapon.' The tenacity of this group and the central place of its mission in Pakistan's national identity allowed the program to outlast the perennial political crises of the next 20 years, culminating in the test of a nuclear device in 1998. Written by a 30-year professional in the Pakistani Army who played a senior role formulating and advocating Pakistan's security policy on nuclear and conventional arms control, this book tells the compelling story of how and why Pakistan's government, scientists, and military, persevered in the face of a wide array of obstacles to acquire nuclear weapons. It lays out the conditions that sparked the shift from a peaceful quest to acquire nuclear energy into a full-fledged weapons program, details how the nuclear program was organized, reveals the role played by outside powers in nuclear decisions, and explains how Pakistani scientists overcome the many technical hurdles they encountered. Thanks to General Khan's unique insider perspective, it unveils and unravels the fascinating and turbulent interplay of personalities and organizations that took place and reveals how international opposition to the program only made it an even more significant issue of national resolve. Listen to a podcast of a related presentation by Feroz Khan at the Stanford Center for International Security and Cooperation at cisac.stanford.edu/events/recording/7458/2/765.

Privatization and the Globalization of Energy Markets

Author : United States. Energy Information Administration
Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Privatization and the Globalization of Energy Markets by : United States. Energy Information Administration

Download or read book Privatization and the Globalization of Energy Markets written by United States. Energy Information Administration and published by . This book was released on 1996 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Sustainability Management in the Oil and Gas Industry

Author : Joshua Yindenaba Abor
Publisher : Taylor & Francis
ISBN 13 : 1000890384
Total Pages : 321 pages
Book Rating : 4.0/5 (8 download)

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Book Synopsis Sustainability Management in the Oil and Gas Industry by : Joshua Yindenaba Abor

Download or read book Sustainability Management in the Oil and Gas Industry written by Joshua Yindenaba Abor and published by Taylor & Francis. This book was released on 2023-06-07 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The oil and gas industry is a complex sector with significant reach in terms of providing the energy needs of the global economy and the security, environmental and development consequences thereof. In particular, the sector is extremely important for the economic growth of emerging markets and developing countries. Furthermore, the life span of oil and gas resources is finite, with high health and safety risks and substantial environmental costs that require careful management and sustainability practices to ensure optimal extraction and utilisation of these resources. This book examines the challenges and opportunities in the oil and gas industry, in the context of emerging markets and developing economies. It provides comprehensive coverage of the management and sustainability practices of the sector, the environmental impact and sustainability of resources as well as the businesses that operate in the sector across the entire value chain. It addresses the current discourse on topics such as the Sustainable Development Goals, the Green Economy, the Paris Agreement and Glasgow Climate Pact and concludes with a chapter on the future of the oil and gas industry. The discussions around energy and energy transitions in particular continue to gain momentum and the book provides a wide-reaching and up-to-date overview of the industry. The book introduces readers to the concepts and formal models of analysis in the oil and gas sector and will serve as a useful resource for students, scholars and researchers in operations, marketing, procurement and supply chain management, project management, health and safety management, environmental economics, natural resource economics, development finance, and development studies. Researchers and practitioners working in these areas will also find the book a useful reference material.

National Oil Companies and Value Creation

Author : Silvana Tordo
Publisher : World Bank Publications
ISBN 13 : 0821388312
Total Pages : 149 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis National Oil Companies and Value Creation by : Silvana Tordo

Download or read book National Oil Companies and Value Creation written by Silvana Tordo and published by World Bank Publications. This book was released on 2011-07-13 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: National Oil Companies (NOCs) directly or indirectly control the majority of oil and gas reserves. As such, they are of great consequence to their country's economy, to importing countries' energy security, and to the stability of oil and gas markets. The paper analyzes the available evidence on the objectives, governance and performance of 20 NOCs from both net importing and net exporting countries, and draws conclusions about the design of policies and measures that are more likely to lead to social value creation. NOCs differ from private companies on a number of very important variables, including the level of competition in the market in which they operate, their business profile along the sector value chain, and their degree of commercial orientation and internationalization. Most share some core characteristics: they are usually tied to the 'national purpose' and serve political and economic goals other than maximizing the firm's profits. This paper introduces a conceptual model to analyze value creation by NOCs that takes into consideration their complex objective function. Our analysis aims to answer the following questions: Are certain corporate governance arrangements more suited than others to promote value creation? Is good geology a pre-condition for NOC value creation? Are there benefits from exposing the NOC to competition from private oil companies? Does the development of forward and backward linkages hamper NOC value creation?