Drill up the ENTIRE country? Get a grip...
You really want all those that live in the suburbs or rural areas to move into the city? Guess what's gonna happen to city taxes and housing costs for those that already live there (you)?
I obviously wasn’t speaking literally. My point is that drilling will be expensive and largely ineffective.
To answer your question, I expect the value of my house to raise, which is another plus. Taxes, on the other hand, should go down, because there the tax base will increase more than the expenses of running the same level of government service.