The Oil And Gas Industry

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.

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.

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.

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

Oil suppliers dig deep down to the roots to analyze and derive concrete solutions to carry on the rising market. The force of fracking in the United States is lifting the economy; the system has been a political game changer for the nation, creating job opportunities and investing money into the community. The United States is currently capable of competing with the global marketplaces at a high rate. This coordination leads to knowledge for on-shoring manufacturing, which eliminates the dependency on foreign oil. This significant groundwork is driving opportunities for innovators. The abundant supply of oil and the inexpensive cost leads to cheaper energy for consumers (Dews, 2015). Along with the low price for refineries,

To environmental advocates and opponents of fracking, the process is more than dollars and cents. On a rudimentary level, the oil and natural gas produced via hydraulic fracturing are fossil fuels, and thus harmful to the environment in comparison to renewable, clean sources of energy such as solar and wind power. These renewable energy fields are likewise capable of bolstering American energy production and independence and creating high paying careers. Moreover, research suggests that fracking practices could cause serious methane leaks, canceling out the supposed reduction in greenhouse gas

One of the issues that Texas is currently facing is rooted in a populous industry, fracking. Texas has always been known for being oil and gas friendly, but cities are becoming weary about this industry invading highly populated suburban areas. While local governments have been able to block out drilling and gas wells for some time now, the state has taken a position that is becoming increasingly supportive of the oil and gas industry.

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.

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.

Hydraulic fracturing is a public policy that devises the query of whether the economics of the process justifies the risks because it boosts jobs based on inexpensive industrial inputs, but at the same time, is at the center of several controversies concerning environmental law, economic growth, and public health. Hydraulic fracturing, commonly known as fracking, is a process to release natural gas and oil from the ground. The contemporary period of fracking correlates to the progressive era conservation movement during 1890-1960 because both reveal the idea that humans have dominion or control over the environment. According to the progressive era, humans must plan their use of fracking to make sure it maximizes wealth and preserves the environment in the future. The debate between the advocates and the opponents argue if economics prevail over the risks involved in fracking. Nonetheless, the negative influences on

Hydraulic fracturing has been used commercially since 1949, and by the 21st century, the number of fracking wells in this country has grown to around 1 million (Thompson 2012). Numerous articles and television spots continue to call fracking a ‘new drilling technique’, creating a narrative that hydraulic fracturing is an emerging industry. In 2006, the New York Times said hydraulic fracturing was invented in the late 1990s, even though the same paper reported on the ‘new technology’ earlier in 1986 (Thompson 2012). This is just one example of how the framing of our language has led to the ‘Lords of Yesterday’ mining laws remaining on the books, regardless of being completely outdated policy when dealing with fracking. As a nation it is

Hydraulic fracturing is a process used in nine out of 10 natural gas wells in the United States, where millions of gallons of water, sand and chemicals are pumped underground to break apart the rock and release the gas. Scientists are worried that the chemicals used in fracturing may pose a threat either underground or when waste fluids are handled and sometimes spilled on the surface. The natural gas industry defends hydraulic fracturing, better known as fracking, as safe and efficient. Thomas J. Pyle, president of the Institute for Energy Research, a pro-industry non-profit organization, claims fracking has been “a widely deployed as safe extraction technique,” dating back to 1949. What he doesn’t say is that until recently energy

America must wean itself off of dependence on foreign oil, and one valid solution to this problem is offshore oil drilling and production. America’s economy is heavily based on petroleum, as though it is the nation’s blood; a necessity for survival. About 25% of oil produced in the U.S. comes from offshore rigs. Most of the U.S. coastline has been off limits for oil drilling since the early 1980s. Due to environmental concerns after an oil spill off the coast of California in 1969, an offshore drilling moratorium was imposed. Since then, the U.S. has amplified its energy consumption to where it uses nearly 25% of the world's oil. Meanwhile, the U.S. produces about 10% of the world's oil. That has made the U.S. heavily reliant on imported

Have you ever wondered how many people there are in the world? This beautiful place called earth is home to billions of humans, and human-kind is not alone. Although at times we may forget that we have several different species living with us, not only do different species live with us but they are part of the circle of life that is the root of our existence. For many years’ people have been releasing excessive amounts of CO2 into the earth, with little to no consideration of the effects it may have on surrounding environments. Exploiting natural resources to leave nothing behind except for oil spills and other environmentally dangerous components. Corporations need to be held to higher expectations with more regulations, there needs to be a government that will enforce these regulations. Who decides our government? People do, local communities vote for who runs their city, state, and country. Communities can help spread awareness and demand cleaner energy, stricter laws, and reduce their carbon footprint.