Common Resources

US Shale Gas Development in Review

The United States has seen rapid recent development of shale gas. What are the factors behind the notable growth in the past decade? And what does it mean for shale gas development elsewhere in the world? Alan Krupnick and I examine the history of the US shale gas boom in a new RFF discussion paper. [...]

Is There a Case for Export Restrictions on US Liquefied Natural Gas?

As noted in earlier posts, in an amazingly rapid turn of events, concerns in the United States over controlling natural gas imports have shifted to anxieties over limiting gas exports. This “reversal of fortunes” is the result of development of a commercially viable system of extracting natural gas from deep shale, of which the US [...]

Mercury and Air Toxics Standards Analysis Deconstructed: Changing Assumptions, Changing Results

EPA regulations on mercury and other air pollutants currently under review are the subject of much debate for their potential costs and impacts on the electricity industry. In a new discussion paper, RFF colleagues and I examine the assumptions behind several studies that have analyzed the potential effects of the Mercury and Air Toxics Standards, [...]

The IMF Takes on Energy Subsidies

It has long and widely been accepted that subsidies that promote the production and consumption of energy – thereby disguising its real cost to society – do little to benefit mankind. On the output side, second-guessing the market distorts firms’ decisions about optimal investment strategies. Among users, access to below-cost energy encourages waste, with environmental [...]

Pipeline Safety and Keystone XL

The Premier of Alberta is in town promoting the Keystone XL pipeline. She fielded questions at the Brookings Institution, and regarding a question referring to last month’s spill in Arkansas said ”these are very isolated incidents, and they don’t happen as often as people might suggest that they could.” There are plenty of data on pipeline spills which [...]

Polar Interpretations of a Study of Shale Gas Development and Surface Water

On Monday, my colleagues, Sheila Olmstead, Jhih-Shyang Shih, Ziyan Chu, Alan Krupnick and I published a paper in the Proceedings of the National Academy of Sciences testing for evidence of impacts to surface water quality from shale gas development across four different pathways.  We used more than a decade of data from over 20,000 surface [...]

RFF Feature: Policy Insights for Narrowing the Energy Efficiency Gap

A new RFF discussion paper explores the “energy efficiency gap” and what it means for policy by bringing in the latest insights from behavioral economics. To read the full feature, click here.

Shale Gas Priorities? I’d Like to Use a Lifeline.

Yesterday, we released a survey of 215 shale gas development experts that found a surprising amount of agreement between experts from academia, industry, government, and environmental NGOs on what potential environmental risks due to hydraulic fracturing for natural gas are of most pressing need for attention.  Why, though, is a survey of experts a useful [...]

An Economic View of Sen. Murkowski’s Blueprint

Today, Senator Lisa Murkowski (R-AK) released her long-anticipated energy policy “blueprint.” Murkowski is a relatively centrist Republican and has historically made energy policy a priority. This makes her one of the most important votes in Congress on energy, and the blueprint is therefore worth a close look—it is an important indicator of what is possible [...]

The Limits of a Gasoline Tax

In a recent New York Times Sunday magazine “It’s Your Money” column, journalist Adam Davidson bemoaned his gridlocked commute from New York City to New Jersey, writing that he would have “happily paid whatever it cost to persuade some other drivers that it wasn’t worth it for them to be on the road.” Mr. Davidson [...]