Dr. Larry Sanders, Professor & OCES Agricultural Economist
Dr. Shannon Ferrell, Associate Professor & OCES Agricultural Law Specialist
The potential costs & benefits associated with hydraulic fracturing can be grouped into three main categories: (1) Environmental; (2) Financial; (3) Community & landowner issues. Learn basic facts about state & federal environmental laws that have implications for industry, communities, & consumers.
Dr. Larry Sanders, Dr. Dave Shideler, Dr. Chad Penn, Dr. Todd Halihan, and Dr. Gina Peek have been collecting data to study the correlation between oil/gas production over the past 10-12 years to road/bridge expenses, water use, economic activity, jobs, drilling mud disposal, earthquakes and injection wells, and housing - all by county level. In 2015 they hope to package this information to begin a discussion on potential positive/negative impacts of oil/gas activity, then in the next stage of research begin examining the statistical links that may suggest causation. Aspects of this will be used to infer benefits and costs of hydraulic fracturing in Oklahoma.