Increased oil and gas production has provided a variety of new revenue sources for local governments, in most cases helping them to cover the cost of increasing demands for their services, two Duke University researchers find.
Daniel Raimi and Richard G. Newell of the university’s Energy Initiative have spent the past year studying the "shale boom’s" impact on local government revenues and expenses in eight states that have seen a major increase in shale oil and gas production.
Their first report, released in May, found that the increased development has generally helped the public finances of local communities, providing new revenues and resources that usually – but not always – outweigh the increased demand for public services and other costs.
"Local governments collect new revenues from a range of sources," Newell said. "In most cases – but not all – these new revenue sources have been enough to keep up with increased demands for services."
The new report, released Oct. 30, goes into greater detail about specific revenue sources and how they are distributed at the local level. Both reports may be downloaded on the project's webpage, which also includes an interactive map and a blog about sites visited during the research.