N.C. State University economist Mike Walden discusses the economic pros and cons of drilling for oil and natural gas in North Carolina and off the state’s coast.
Drilling for oil and gas off the North Carolina coast and for natural gas inland could generate millions of dollars in economic activity and create thousands of jobs. That same energy exploration and recovery could cause millions of dollars in damage to coastal communities and reduce property values inland.
While we still face challenges, we live in an exciting time when it comes to energy sources and availability. Mike Walden discusses.