Earthquake
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Shaky Ground: How the Disposal of Wastewater from Oil Production Increases the Risk of Earthquakes in Oklahoma
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Since the early 2000s, there has been an increase in the number of earthquakes observed near oil and gas exploration and production sites in the US, particularly in states such as Oklahoma, Arkansas, and Texas. Until recently, details of the relationship between exploration techniques and the observed increase in seismic…
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Winners and Losers in the Shale Gas Boom
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Society is accruing a large economic benefit from the shale gas boom. While more evidence is needed to calculate the costs of the externalities associated with techniques such as fracking, those costs would need to be very large to justify preventing this new technique.
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Once In A Centillion Years
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How much should we spend to avoid a very, very bad event that almost certainly won’t happen?