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Sustainability 2015, 7(3), 2473-2489; doi:10.3390/su7032473

Controversies Regarding Costs, Uncertainties and Benefits Specific to Shale Gas Development

1
Faculty of Economic Sciences, Department of Business Administration, Petroleum-Gas University of Ploiesti, Bd. Bucuresti, nr. 39, Ploiesti 100680, Romania
2
Faculty of Economic Sciences, Department of Cybernetics, Economic Informatics, Finance and Accountancy, Petroleum-Gas University of Ploiesti, Bd. Bucuresti, nr. 39, Ploiesti 100680, Romania
These authors contributed equally to this work.
*
Author to whom correspondence should be addressed.
Academic Editor: Istudor Nicolae
Received: 24 November 2014 / Revised: 14 January 2015 / Accepted: 19 January 2015 / Published: 2 March 2015
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Abstract

The shale gas exploration and development is now a delicate and controversial subject. It is often assumed that unconventional exploration and extraction automatically brings prosperity for local, national and regional economies. In this paper, we argue that shale gas development requires a contextualized understanding of regional issues. We are also trying to identify the opportunities and the risks of shale gas development in Eastern Europe (referring to Romania’s case) and offer a cost-benefit analysis model that may be of interest to any policymakers and investors. View Full-Text
Keywords: shale gas; cost-benefit analysis; environmental impact; hydraulic fracturing technology; Romania shale gas; cost-benefit analysis; environmental impact; hydraulic fracturing technology; Romania
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

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Muresan, J.D.; Ivan, M.V. Controversies Regarding Costs, Uncertainties and Benefits Specific to Shale Gas Development. Sustainability 2015, 7, 2473-2489.

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