%0 Journal Article
%@ 2071-1050
%A Muresan, Jianu Daniel
%A Ivan, Mihail Vincentiu
%A Faculty of Economic Sciences, Department of Business Administration, Petroleum-Gas University of Ploiesti, Romania,
%A Faculty of Economic Sciences, Department of Cybernetics, Economic Informatics, Finance and Accountancy, Petroleum-Gas University of Ploiesti, Romania,
%D 2015
%F epos:1910
%I MDPI AG
%J Sustainability
%K shale gas; cost-benefit analysis; environmental impact; hydraulic fracturing technology; Romania
%N 3
%P 2473-2489
%T Controversies Regarding Costs, Uncertainties and Benefits Specific to Shale Gas Development
%U https://episodesplatform.eu/eprints/1910/
%V 7
%X The shale gas exploration and development is now a delicate and controversial subject. It is often assumed that unconventional exploration and extraction automatically brings prosperity for local, national and regional economies. In this paper, we argue that shale gas development requires a contextualized understanding of regional issues. We are also trying to identify the opportunities and the risks of shale gas development in Eastern Europe (referring to Romania’s case) and offer a cost-benefit analysis model that may be of interest to any policymakers and investors.