Economic Side of Fracking:

By: Joseph Ardezzone, Noorulain Paracha, Ashley Singh, Egor Semeniak

  • Gases prices drop
  • Increased employment
  • Economic boom
  • $ Benefits > $ Cost/Damage
  • Pay owners of land money to perform fracking.
  • Gas bills dropped
  • Savings for gas consuming households.
  • Trading increased
  • Value/cost of houses decrease
  • Damaged roads
  • Wells are needed to be filled up, increasing spending on environmental issues.
  • Pollution
  • Royalty
  • Carbon tax
  • Compensation pool:,
  • Conservation easements
  • Trade Secrets