Guardian: Lessons from the US: The benefits of fracking for local government

Oil and gas production from shale has grown rapidly in the US, with important implications for local government. After interviewing more than 100 experts and analysing local financial documents and tax policies across eight US states, we assessed what financial benefits and costs the burgeoning industry can have for local government.

Broadly speaking, shale oil and gas production has had positive financial effects for most local governments in the regions – though there are drawbacks too.

As prospects for shale gas development have grown in the UK and across the Atlantic, we have watched with interest and our observations may help inform local policies for the UK if that industry moves forward.
MORE