There's many articles online about how communities that are affected by the shale gas and oil boom are facing not just environmental issues, but also a host of other social and economic impacts: traffic congestion from commercial vehicles, transient population, crime, and an explosion in housing costs.
Little rural towns in northern Pennsylvania that were previously off the map are now some of the fastest growing in the country, with real estate costs more typical of places closer to the Northeast Corridor. However, no place has experienced a boom quite like Williston, North Dakota, where housing prices are now the highest in the United States - higher than New York City, higher than San Francisco.
Of course, after the boom, there will be a bust. The reality of building permanent housing in a small town with an energy boom -- that the boom will someday end, and the housing will go begging -- almost requires outrageous prices at the onset so the development is profitable.
I'm surprised that some entrepreneur hasn't leased land in a nearby unzoned area, and set up Katrina Cottages by the hundreds.
Looking at Williston on Google Street View, and seeing videos of the place on YouTube, it doesn't look like the boom is translating into better planning. The city and its downtown looks absolutely dreadful. and new site-built houses follow the typical suburban mold; large lots, sprawling subdivisions.
Are you in a community facing a boom from shale oil or gas? How are you dealing wit the pressures of growth, and the prospect of a future bust?