Research & Policy Brief Series, Issue 80 / April 2018
By By Jenny Ifft, Travis Grout, David Kay, Dylan Bugden, Frieda Kay, David Lane, Chris Rondem, Richard Stedman, Jeff Sward, and Max Zhang – Cornell University
ISSUE NUMBER 77 / MARCH 2017
By David Kay, Dylan Bugden, and Rich Stedman, Cornell UniversityWhat is the Issue?
Recently, new oil and gas reserves in the U.S. Northeast’s Marcellus shale region were unlocked through “high volume hydraulic fracturing” (“fracking”) of subsurface rock. As technology evolved and prices increased, these resources became economically accessible, drawing industry to the region. Chesapeake Energy Corporation, one of the leading natural gas companies, initiated what they referred to as a “land grab” in a race to lock up access to the valuable resource. Other companies followed suit.
In the Northeast, mineral rights are typically owned by private