Benefits Of Hydraulic Fracturing Outweigh Risks

For the past twenty to thirty years, hydraulic fracturing, more commonly known as fracking, has been the number one source of natural gas, oil, and energy in the United States. The process of fracking is that a well is built above the ground and then a drill digs several thousand feet deep into the ground to extract the oil and natural gas that is trapped inside of rock formations. Fracking is very controversial because of the cost of the process and the environmental “threats” that it poses. From methane emissions to earthquakes, fracking has been accused to be linked with several environmental issues. To prevent any environmental dangers, states place regulations and boundaries that energy companies have to follow in order to build a well and keep it up and running. The EPA (Environmental Protection Agency) also works with states to help regulate these wells. More importantly, fracking in the United States is very important and acts as a bridge to the future. While it may be argued that hydraulic fracturing is not beneficial to the economy and harmful to the environment, fracking in the United States should not be banned because fracking is not only imperative to the growth of jobs and the economy, but it also does not put the surrounding environment in danger.

Hydraulic fracturing is also known as “fracking” is a technique which involves drilling down, then horizontally as far as 10,000 feet below the surface to release natural gasses stored in the sedimentary rock known as Shale. The channel is then encased with concrete or occasionally steel to allow millions of gallons of water to be injected into the wellbore. Most water used in fracking comes from surface water sources such as rivers, lakes, or other accessible bodies of water nearby. Not only is there water being funneled into the wellbore, but also a mixture of sand and other chemicals. When the high-pressure mixture is injected underground it fractures the Shale around the wellbore and creates fissures. The fissures are then held open with

This is even more important because so many Americans lost their jobs as oil and gas production, "with the number of employees in oil and gas with the number of employees in oil and gas extraction shrinking by over 50 percent to 118,400 in 2003" (Hassett and Mathur). Americans were losing jobs in gas production starting from the early twenty-first century due to the fact that "easily tapped oil reserves grew scarcer and domestic oil production declined", until improvements in fracking for shale gas created more jobs(Hassett and Mathur). The jobs fracking creates is much needed to boost the sagging American economy, but even more important to the economy is the gas produced.

Over the past decade oil and gas producers have increasingly used hydraulic fracturing also known as fracking to extract oil and gas from the earth. Most people believe fracking is a new process but it has been around for over 100 years. Modern day fracking began in the 1990’s when George P Mitchell created a new technique by combining fracking with horizontal drilling. Since then, U.S. oil and gas production has skyrocketed. But the “new” perception of fracking leads people to incorrectly believe that fracking is temporary and that it somehow harms the environment. The truth is fracking is a reasonable energy solution if oversight and safeguards are used. In the last ten years fracking has improved conditions in the U.S. in three

As the pace of shale gas drilling has accelerated in recent years, so have environmental concerns. Incidents such as a 2007 home explosion in Bainbridge, OH, the 2008 groundwater contamination on Wind River Indian Reservation in Pavilion, WY, and the 2008 chemical poisoning of an emergency room nurse in Durango, CO, have intensified the debate over regulation of fracking.10 As a result, new laws regulating fracking activities have

In recent years, the subject of hydraulic fracturing, better known as fracking has been a constant subject of interest in the news media. The pros and cons of fracking are passionately debated. However, the public should become educated on the subject of fracking prior to choosing a side of the argument. In the scholarly article, “Super Fracking,” published in 2014, by Donald L. Trucotte, Eldridge M. Moores, and John B. Rundle, a detailed description of fracking is provided, followed by their analysis of current issues surrounding the controversy. According to Trucotte, Moores, and Rundle, fracking saves the consumer money. The wellhead cost to produce natural gas in January of 2000 was two dollars and sixty cents per one thousand cubic feet. At an alarming rate, the cost at the wellhead to produce natural gas had risen to eight dollars per one thousand cubic feet by January of 2006. Comfortingly, the wellhead cost dropped to two dollars and eighty-nine cents by the end of 2012. Impressively, gas production increase and price decrease over the time period are a result of fracking. In their article, Trucotte, Moores, and Rundle describe in great detail that hydraulic fracturing, most commonly referred to as fracking is the process of drilling down into the earth to fracture the layers of rock so that a high-pressure water mixture is directed at the rock to release the oil or natural gas inside. This method of fracking has been used commercially for the last fifty years.

Fracking has become a highly controversial and publicized topic in recent years due to rising concerns into the potential benefits and consequences of using hydraulic fracturing to retrieve natural gas and oil reserves. With concerns over water pollution, mismanagement of toxic waste and irreversible environmental damage mounting, the practice of fracking has

“Fracking is the process of obtaining Natural Gas from below Earth’s surface by drilling 1000’s of feet into the earth before a high-pressure water mixture is directed at the rock to release the gas inside.” Water, sand and chemicals are injected into the rock at high pressure which allows the gas to flow out to the head of the well.” (Jackson). Hydraulic Fracturing got its name due to the fact of how the rock is fractured apart by the high pressure mixture of a number of chemicals, sand, and water. Drilling companies first began Fracking in the early 1940’s, and starting in the 1990’s companies began “safer drilling” due to the amount of concerns that had arisen because early drillers had to detonate small explosions that eventually ended up killing many people. Fracking has been used for nearly 60 years and the number of concerns about it are rising every day. Due to the new technological advancements in drilling Fracking has changed greatly over the years. Before, the drilling would go on for weeks on end in order to extract only a small amount of natural gas. Now, due to the invention of higher powered drills, the drills get double the amount then they used to be able to get in more then half the time. Over 95,000 square miles of shale deposits have been found around the Appalachian Basin but the only way to reach these deposits of shale is through fracking. “Fracking is a technique designed to recover gas and oil from shale rock by drilling

Therefore with resources becoming scarce humanity needs to extract the most from what the earth has. In fact from adding gasoline to your vehicle, to power plant facilities using natural gas instead of burning coal to power homes, to computes and cell phones, almost everything in our lives depend on an oil based product and fracking is the solution for the depletion of fossil fuels. Three controversial issues with hydraulic fracking are nearly everything people use daily has a petroleum based product, contamination of drinking water also the surrounding soil, and the financial impact on the economy. Many people in America do not realize the positives that comes with fracking. It is a great way to help the economy in the United States. Fracking decreases the price of all petroleum products including the price in gas. When gas prices decrease it allows other products such as food, plastics, and other petroleum goods to also go down in price. With these savings being passed down to the consumers it makes the cost of living in America much easier for many people who are living with a minimum wage budget. Minimum wage going up in Oregon and gas prices declining creates a stir in people making them spend more and builds consumer confidence on what is spent. In turn this rapid spending creates a boom in the American economy. With fracking producing nine million barrels a day and decreasing prices by forty five

Hydraulic fracturing or “fracking” is an oil and gas drilling process that is used to extract oil and natural gas from deep underground. Fracking is the cheapest route for oil and gas companies to make billions of dollars. The majority of the time the cheapest way is not always the best way of doing things. Hydraulic fracturing is not a good thing just because it makes money for--at times--everyone involved, as it causes our air and water to be polluted. There should be more regulations and laws to prevent contamination and protect our air and water from fracking pollution.

America has one of the highest energy consumption rates in the world. This demand has led to the popularization of the hydraulic fracturing industry. First introduced in the 1940s, hydraulic fracturing is method by which a well is drilled one to two miles below the Earth’s surface. The well then injects water and chemicals in the Earth that create fractures through which gas can flow through. Hydraulic fracturing, which is also known as fracking, became popular because of horizontal drilling in fracking is more efficient at extracting gas. As a result, a fracking boom ensued in which over a million wells were drilled in the United States in the past decade. However,

Hydraulic fracturing, commonly called fracking, is a drilling method used for extracting oil or natural gas from deep underground. Fracking is a problem that not many see as controversial. Each human being depends on daily energy, as long as they see the cost for use of energy is cheap they won't question the actual effects it may present to the environment. The energy sources can be mined or pumped from locations worldwide. Each technique for extraction of the resource is having serious impacts on wildlife. Even worse is that fracking can have a serious impact on our water supply. Large amounts of gas now is available due to high use amount of fracking. Though fracking is used worldwide to extract gas and oil, a fracking boom has occurred

The global crisis surrounding energy needs grows in severity as time goes by and in order to solve it, scientists have created the innovative solution known as hydraulic fracturing (Source 5). Hydraulic fracturing, commonly referred to as “fracking,” is a process that injects water, chemicals, sand, and other materials into layers of shale. The injected mixture cracks the layers of shale, releasing trapped natural gasses that can be collected (Source 1). Fracking occurs deep under the surface of the earth, miles below the groundwater that is accessed from drinking-water wells. In the mid-2000s, “fuel prices were rising rapidly” (Source 5). Hydraulic fracturing was a cheap solution that not only brought the world out of a state of emergency but made oil prices drop. The new method of gas collection grew the oil and gas industry, benefiting people all around the world. Fracking is a cheap, effective solution to global needs, but is under attack from skeptics who worry about environmental hazards. The claims against fracking not only have no real evidence but also risk destroying the jobs in the oil and gas industry as well as support for energy needs. Hydraulic fracturing is not only a cheap but a safe method that supports global needs surrounding both energy and jobs.

Fracking has actually changed out future as we know it, and has made it possible for many things. Fracking will make the world run on natural fossil fuels for much longer, which is also better for the environment and us. In 2015, the U.S. reached its all time high in oil production in 14 years and is only expected to continually rise. Oil production in the U.S. is one of the main sources of jobs for people living in the U.S. (Nunez, 2013). Fracking is a good way to employ U.S. citizens and is also a good way to get natural ways of oil production. As we all

How does fracking and the oil and gas industry affect each of us personally? It is estimated that the oil and natural gas industry employs over 2.8 million people either directly or indirectly and employment in the industry, as a result of fracking, has grown substantially (Figure 3). In recent years we have seen oil and natural gas prices plummet due in part to hydraulic fracturing. Petroleum prices that were once over $4.00 at the pump are now hovering around $2.50. Natural gas prices have dropped dramatically (by 47%) since the fracking revolution. According to a report by Catherine Hausman and Ryan Kellogg on the “Welfare and Distribution Implications of Shale Gas”, natural gas production grew more than 25% between 2007 and 2013 driven by technology innovations in extraction (Figure 4). In