UA Center for Business and Economic Research Takes Updated Look at Economic Impact of Fayetteville Shale Activity
In 2008, the Center for Business and Economic Research released a study that estimated the economic impact of projected Fayetteville Shale activities from 2008 to 2012. This updated report revisits the assumptions of the initial study, reviews the impact of actual activities in the Fayetteville Shale from 2008 to 2011, and delivers some insights into projected impacts for 2012.
Economic Impact of Arkansas’s Oil and Gas industry
Kathy Deck, Sam M. Walton College of Business
The Arkansas oil and natural gas industries are increasingly important to the state’s economic vitality. As global demand for energy increases, domestic production is put into the spotlight. This study describes the economic impact of the oil and gas industries in Arkansas, focusing on the sector’s economic output, employment, and tax revenues.