The Effects Of Hydraulic Fracking On The United States Essay

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.

In this research paper we will cuss and discuss the effects that “Hydraulic Fracturing” has had on the environment, the economy, and human life in general. This will be essential in rationalizing the overall effects it has had on the planet Earth, and those therein. This paper will also examine how “Fracking” works, and it will bring to light the good, the bad, and the ugly. The truth about fracking is that it is quickly becoming a nightmare for both the environment and humans alike, because there aren’t enough state or federal policies to help monitor and reduce the pollution it creates.

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 a complex political topic; nonetheless, fracking is showing a positive impact on the United States economy and leaving a harmful footprint behind the environment. In addition, consumers are experiencing a significant amount of savings due to the overwhelming supplies of oil; thus, the revolution in new technology is triggering an improper fracking system that contributes to airborne pollution and water contamination. Higher authorities should implement the concepts of sustainability and ethical views of large corporations and businesses to protect the consumer’s safety.

Hydraulic fracturing, or fracking, is the process used to excavate oil and gas trapped in shale rock.

The implementation of fracking has had a dramatic economic impact on the United States. The use of fracking in the last decade has increased the production of natural gas from shale formations by 10 times. (Issues) This has resulted in the United States moving more toward natural gas and away from coal to fulfill its energy power needs. In fact, one of the largest production growth areas of

Natural gas is the transitional fuel that is cleaner than coal and oil that has been experiencing a boom in the United States for the last few decades. Natural gas is most familiar to us in the form of heating and cooking on gas ranges. It is abundantly available and modern technology has made it much more accessible and cheaper than other energy sources. Hydraulic fracturing, known short as fracking, is the combination of technology with water and chemicals, and high pressure, that breaks through shale rocks to capture energy. The Climate One podcast titled “ Fracking Boom,”explains America’s recent obsession with fracking, surrounding its history, economic stimulus, construction, and community opposition among other issues. Presenting the talk were Russell Gold, author of The Boom: How Fracking Ignited American Energy Revolution and Changed the World, Mark Zoback, professor of Geophysics at Stanford University, and Trevor Houser, co-author of Fueling Up: The Economic Implications of America’s Oil and Gas Boom. The three guest speakers shared their expertise on how the fracking boom can power America’s economy, but can only be successful if the process in making the wells for fracking, are done along guidelines within the regulations.

As explained earlier fracking or hydraulic fracking is the extraction of natural gasses from shell rock deep beneath the earth’s surface. Fracking makes it possible to extract and produce natural gases that were once unreachable with other

Hydraulic fracturing, also referred to as fracking, remains a very controversial issue in the world today. Fracking, a widely debated technological innovation, involves drilling deep down into the Earth’s surface to obtain natural gas (Shuckman 1). Natural gas, a flammable substance produced deep within the Earth’s surface and exploited as fuel, is obtained by pumping water, sand and chemicals into open passages, which allows the natural gases to move into production wells (Shuckman 1). Hydraulic fracturing enables necessities such as heating, cooking and electricity for Americans; however, oppositionists claim that it harms the environment and the United State’s residents.

Hydraulic fracturing is an increasingly common practice used to access otherwise unobtainable oil or natural gas reserves. While it shows promise as both a valuable economic resource as well as a source of energy independence, many oppose the practice due to alleged environmental dangers. In order to foster a greater understanding of the issues at hand, the following topics are discussed: what hydraulic fracturing is, how it is performed, and where it is located in the United States and abroad; how it has benefited the United States’ economy and how it can support the United States’ energy needs; legal and environmental issues; domestic and overseas regulations; and last but not least, what President Obama had to say about the practice in his 2012 Executive Order. The paper concludes with the author’s personal opinion regarding regulation of the practice here in the United States.

A relatively new process for extracting desired shale oil from the bowels of the earth seems to be shaking things up around operation sites. Environmentalists and oil tycoons have been debating for years over the safety of hydraulic fracturing, or fracking, since areas with a high concentration of fracking operations have been affected by several environmental problems. Though many scientists argue that correlation does not necessarily mean causation, the media and many environmentalists use these environmental problems around fracking sites as proof of the long term damage fracking causes. Although it has domesticated the oil industry and reduced usage of coal as a fuel source, fracking is undoubtedly related to many detrimental environmental impacts, such as water table pollution and increased seismic activity.

Hydraulic fracking is vertical well bores are drilled thousands of feet into the earth, through sediment layers, the water table, and shale rock formations in order to reach the oil and gas. The drilling is then angled horizontally, where a cement casing is installed and will serve as a conduit for the massive volume of water, fracking fluid, chemicals and sand needed to fracture the rock and shale. In some cases, prior to the injection of fluids, small explosives are used to open up the bedrock. The fractures allow the gas and oil to be removed from the formerly impervious rock formations. Although fracking has technically been in existence for decades, the scale and type of drilling now taking place, deep fracking, is a new form of drilling

The fracking industry in its entirety, although surrounded by a shroud of controversy, is an economic stimulator that many do not acknowledge. The potential replacement of coal for efficient and clean energy would not be possible if it weren’t for the utilization of hydraulic fracturing, also known as fracking, and horizontal drilling. To consider fracking as only a danger to the environment would be an overstatement while saying fracking only provides natural gas and nothing else is an understatement. It’s important to consider all of the potential benefits that fracking gives to the economy and how its minor environmental destruction could lead to an economic reconstruction. Although fracking has a negative connotation with most people,

Hydraulic fracturing has been increasingly used in the USA to economically extract natural gas and oil from newly discovered shale plays. Despite new, more severe, and long term impacts of hydraulic fracturing compared to conventional drilling, regulatory practices are mostly implemented by states that regulate with older regulations that were were written before the widespread use of hydraulic fracturing. This dissertation presents three essays on the economics of hydraulic fracturing. A standard renewable lease in hydraulic fracturing runs for a five-year primary term.