Energy Policy, Vol.127, 374-381, 2019
Information booms and busts: Examining oil and gas disclosure policies across the states
Today's 'fracking debate' includes a familiar set of actors and arguments. Advocates of unconventional oil and gas production contend that it has contributed to an economic renaissance for many subnational governments and has improved American energy security. Opponents suggest that unconventional production is an environmental and public health hazard. One way that states are trying to balance the economic benefits of continued energy production with environmental protection is through the use of information disclosure requirements. Prior work notes that the rigor of state disclosure standards relative to unconventional oil and gas production vary. Through measures of association and exact logistic regression, this project expands the disclosure literature by focusing on three types of disclosure: pre-drilling notification, chemical disclosure during operations, and trade secret exemptions.