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Energy Boom and Gloom? Local Effects of Oil and Natural Gas Drilling on Subjective Well†Being

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  • Karen Maguire
  • John V. Winters

Abstract

Prior to the precipitous drop in oil prices in 2014, the U.S. had experienced a substantial increase in oil and natural gas extraction due to technological advancements including horizontal drilling and hydraulic fracturing. This increased energy development likely created both benefits and costs, but the net effects for local residents are not well understood. This paper examines the effects of conventional and horizontal oil and natural gas drilling in Texas on subjective assessments of life†satisfaction and bad mental health days for nearby residents. Horizontal drilling has statistically significant deleterious effects on well†being, but the effects are driven by the Dallas†Fort Worth (DFW) metropolitan area, an area with both very high levels of horizontal drilling and a large urban population.

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  • Karen Maguire & John V. Winters, 2017. "Energy Boom and Gloom? Local Effects of Oil and Natural Gas Drilling on Subjective Well†Being," Growth and Change, Wiley Blackwell, vol. 48(4), pages 590-610, December.
    • Handle: RePEc:bla:growch:v:48:y:2017:i:4:p:590-610
    DOI: 10.1111/grow.12204
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    2. Seung Jin Cho & Brent Kreider & John V. Winters, 2023. "Resource booms, state economic conditions, and child food security," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 45(3), pages 1734-1752, September.
    3. Karen Maguire & John V. Winters, 0. "Satisfaction and Self-employment: Do Men or Women Benefit More from Being Their Own Boss?," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 0, pages 1-27.
    4. John V. Winters & Zhengyu Cai & Karen Maguire & Shruti Sengupta, 2021. "Causal effects of the fracking boom on long‐term resident workers," Journal of Regional Science, Wiley Blackwell, vol. 61(2), pages 387-406, March.
    5. Kuan‐Ming Huang & Xiaoli Etienne, 2021. "Impact of Marcellus and Utica shale exploitation on Ohio, Pennsylvania, and West Virginia Regional Economies: A synthetic control analysis," Papers in Regional Science, Wiley Blackwell, vol. 100(6), pages 1449-1479, December.
    6. Timothy Fitzgerald, 2024. "Regulatory capture in a resource boom," Public Choice, Springer, vol. 198(1), pages 93-127, January.
    7. Winters, John V. & Cai, Zhengyu & Maguire, Karen & Sengupta, Shruti, 2019. "Do Workers Benefit from Resource Booms in Their Home State? Evidence from the Fracking Era," IZA Discussion Papers 12619, Institute of Labor Economics (IZA).
    8. Keeler, Zachary T. & Stephens, Heather M., 2020. "Valuing shale gas development in resource-dependent communities," Resources Policy, Elsevier, vol. 69(C).
    9. Karen Maguire & John V. Winters, 2020. "Satisfaction and Self-employment: Do Men or Women Benefit More from Being Their Own Boss?," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 46(4), pages 576-602, October.
    10. Apergis, Nicholas & Mustafa, Ghulam & Dastidar, Sayantan Ghosh, 2021. "An analysis of the impact of unconventional oil and gas activities on public health: New evidence across Oklahoma counties," Energy Economics, Elsevier, vol. 97(C).
    11. Andrew Watterson & William Dinan, 2018. "Public Health and Unconventional Oil and Gas Extraction Including Fracking: Global Lessons from a Scottish Government Review," IJERPH, MDPI, vol. 15(4), pages 1-24, April.
    12. Boslett, Andrew & Hill, Elaine & Ma, Lala & Zhang, Lujia, 2021. "Rural light pollution from shale gas development and associated sleep and subjective well-being," Resource and Energy Economics, Elsevier, vol. 64(C).
    13. Kangil Lee & Brian Whitacre, 2021. "A Study on the Impact of Unconventional (and Conventional) Drilling on Housing Prices in Central Oklahoma," Sustainability, MDPI, vol. 13(24), pages 1-17, December.
    14. Nicholas Apergis & Sayantan Ghosh Dastidar & Ghulam Mustafa, 2021. "Fracking and Asset Prices: The Role of Health Indicators for House Prices Across Oklahoma’s Counties," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 154(2), pages 583-602, April.
    15. Solarin, Sakiru Adebola, 2020. "The effects of shale oil production, capital and labour on economic growth in the United States: A maximum likelihood analysis of the resource curse hypothesis," Resources Policy, Elsevier, vol. 68(C).
    16. Karen Maguire & John V. Winters, 2017. "Satisfaction and Self-Employment: Do Women Benefit More from Being Their Own Boss?," Economics Working Paper Series 1713, Oklahoma State University, Department of Economics and Legal Studies in Business.
    17. Heinz Welsch, 2024. "Do National Well-Being Scores Capture Nations Ecological Resilience? Evidence for 124 Countries," Working Papers V-443-24, University of Oldenburg, Department of Economics, revised Jan 2024.

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