Chambers College of Business and Economics
Bureau of Business & Economic Research
Economic Impact of Downstream Gas Development
Downstream gas development has the potential to provide significant economic value if West Virginia can capture this development within its borders. In this report, we explore the potential impact of downstream natural gas industries on the West Virginia economy. To estimate the economic impact of downstream natural gas development, we take a two-pronged approach. First, we identify those industries nationally that require large amounts of natural gas in their production process. We then choose three of these industries that have the greatest potential for development within West Virginia. Second, we estimate the economic impact of a typical establishment in each of these industries based on national average employment and wages. From these estimates, we derive an overall potential economic impact.
Digital Commons Citation
Bowen, Eric, "Economic Impact of Downstream Gas Development in West Virginia" (2020). Bureau of Business & Economic Research. 321.