Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

A Review of Hydro “Fracking” and Its Potential Effects on Real Estate

A Review of Hydro “Fracking” and Its Potential Effects on Real Estate In this paper we review the phenomena of hydro ‘‘fracking’’ operations for oil and gas in the United States. We provide background information on fracking, a summary of federal and state fracking disclosure and management regulations, and an evaluation of the potential surface and subsurface effects. We then examine case studies of claims of contamination from several shale-heavy states. Lastly, we report the results of survey research related to proximity to fracking operations in Texas and Florida. Our contingent valuation surveys show a 5%–15% reduction in bid value for homes located proximate to fracking scenarios, depending on the petroleum-friendliness of the venue and proximity to the drilling site. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Real Estate Literature Taylor & Francis

A Review of Hydro “Fracking” and Its Potential Effects on Real Estate

A Review of Hydro “Fracking” and Its Potential Effects on Real Estate

Journal of Real Estate Literature , Volume 21 (2): 28 – Jan 1, 2013

Abstract

In this paper we review the phenomena of hydro ‘‘fracking’’ operations for oil and gas in the United States. We provide background information on fracking, a summary of federal and state fracking disclosure and management regulations, and an evaluation of the potential surface and subsurface effects. We then examine case studies of claims of contamination from several shale-heavy states. Lastly, we report the results of survey research related to proximity to fracking operations in Texas and Florida. Our contingent valuation surveys show a 5%–15% reduction in bid value for homes located proximate to fracking scenarios, depending on the petroleum-friendliness of the venue and proximity to the drilling site.

Loading next page...
 
/lp/taylor-francis/a-review-of-hydro-fracking-and-its-potential-effects-on-real-estate-xM2D589l9V

References (20)

Publisher
Taylor & Francis
Copyright
© 2013 American Real Estate Society
ISSN
1573-8809
DOI
10.1080/10835547.2013.12090365
Publisher site
See Article on Publisher Site

Abstract

In this paper we review the phenomena of hydro ‘‘fracking’’ operations for oil and gas in the United States. We provide background information on fracking, a summary of federal and state fracking disclosure and management regulations, and an evaluation of the potential surface and subsurface effects. We then examine case studies of claims of contamination from several shale-heavy states. Lastly, we report the results of survey research related to proximity to fracking operations in Texas and Florida. Our contingent valuation surveys show a 5%–15% reduction in bid value for homes located proximate to fracking scenarios, depending on the petroleum-friendliness of the venue and proximity to the drilling site.

Journal

Journal of Real Estate LiteratureTaylor & Francis

Published: Jan 1, 2013

There are no references for this article.