What Is Hydraulic Fracturing?

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 comprehensive research paper from a journal, Benjamin Sovacool provides both the pros and cons of hydraulic fracturing and outlines how shale gas extraction is a potential for growth or decline. He provides the idea that fracking costs significantly less than other fossil fuels, which is growing exponentially lower in price over the years. Sovacool also mentions that fracking has a cleaner environmental footprint than coal and oil. In contrast, towards the end of the journal he proposes a holistic view on how to improve fracking.

For more than sixty years, oil and gas companies have been fracturing shale rock far below the earth’s surface in order to release pockets of natural gas. The extraction of shale gas from wells dates back to 1821; but the revolutionary procedure of hydraulic fracturing—injecting pressurized fluid into shale rock to create fissures—was commercialized in the 1950s. New drilling techniques, created in the 1970s, reach previously inaccessible shale gas by allowing the use of horizontal piping within the wells. While the United States is currently dependent on foreign countries for natural resources, a hope for independence has led companies to further explore hydraulic fracturing, redefining the way that natural resources are

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

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

Did you know that at one point, the United States (U.S.) had a fear that they would run out of natural gas? Roughly a decade ago, government officials and industry analysts predicted that the U.S. would have a shortage in natural gas, the main source of energy in the states. Hydraulic fracturing, or fracking, would shortly be the answer to the problem. Hydraulic fracturing was developed sixty years ago by George P. Mitchell, who combined hydraulic fracturing and horizontal drilling as a process to extract natural gas from within the ground. Fracking is the process of pumping millions of gallons of chemically treated water, sand, and various chemicals into deep shale formations at pressures of nine thousand pounds per square inch or more.

Thesis: Hydraulic fracturing is not “the energy solution to the future” (Johnson). Through an in depth look at the current energy crisis, a detailed study of

In today's global economy, energy is one of the most crucial and sought after commodities. Who supplies it and how much they supply determines how much influence they have over other countries as well as the global economy. This is why hydraulic fracturing is currently such an important and controversial topic in the United States. Hydraulic fracturing, more commonly known as "fracking" or hydrofracturing, is the process of using pressurized liquids to fracture rocks and release hydrocarbons such as shale gas, which burns more efficiently than coal. This booming process of energy production provides a much needed economic boost, creating jobs and providing gas energy for Americans. The efficiently burning shale gas reduces carbon

Hydraulic fracturing, a method of extracting oil and natural gas that is better known as fracking, has received extensive media coverage over the years. This attention has come from both supporters and detractors of this contentious issue, and in the process the debate has been increasingly sensationalized. However, even when looking past the publicity, a careful examination of the scientific and legal implications of fracking reveals that the process carries a number of risks. Thanks to these inherent risks, as well as the behavior exhibited by the companies responsible for fracturing operations, allowing fracking to continue unchecked would lead to detrimental conditions that far outweigh the potential benefits.

This research will utilize economic theory for analysis and will include consideration of justified social concerns. Explicit benefits and costs of hydraulic fracking will be examined as well as negative and positive externalities. Both these implicated and explicit costs and benefits will be analyzed to determine if fracking should continue, i.e. are benefits greater than costs, and if so, should there be additional regulation, i.e. to maximize total economic and social profits. Through the use of this economic analysis, this paper aims to answer the following questions: Should hydraulic fracking continue in the United States? If so, is increased regulation justified from either the local, state, or federal government?

The practice of Hydraulic fracturing, or releasing a mixture of water, sand, and various chemicals into wells dug beneath the earth to unlock its natural gas has become a very controversial issue (Earthworks ). For some, the practice means new forms of energy in the U.S. and thousands of new jobs. While others have pointed to the connections between the release of chemicals into the environment and the contamination of water supplies. Other studies have linked this new technology to air pollutants and an increase in earthquakes due to disturbances in the earth’s shell. All of these issues and concerns point to a need for further regulations to diminish these negative effects on the environment.

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.

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.

Hydraulic fracturing, or “fracking”, may be the new technology used to get natural gas but is it worth it? Hydraulic fracturing is something that is dangerous and risky towards people’s health. We would us hydraulic fracturing to get natural gas from deep underground. What some people don’t realize is that toxic compounds and pollutants can be released from the natural gas wells that will be used in hydraulic fracturing. Maybe using this isn’t such a good idea.

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,