Why Is Fracking Important To The Economy

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.

We need fossil fuels to power up our automobile, heating our homes, and lighting our streets throughout the night. Fracking is an innovation developed by the Halliburton corporation in the 1940s. It is an innovation that extract natural gases by injecting water mixed with sand and chemical additives. Hydraulic fracturing led the energy industry in the United States increased dramatically. How fracking works is drilling holes vertically or horizontally breaking the subsurface spewing chemical-laced water into the ground. This will widen the shale rock and force the gas to be released where we can collect it (What is Fracking?). Now, hydraulic fracturing is a worldwide controversial issue. It is in constant controversial debate about the water system and the chances of earthquake activity.

The benefits of hydraulic fracking are: carbon dioxide emission has gone down and natural gas could replace coal as the main source of energy. This could help the environment by lowering the greenhouse gases that impact climate change. Another benefit is the fact that these companies are using natural gas from the United States and do not have to rely on foreign countries for energy sources, which provides jobs for people in Texas. The fracking industry has brought many jobs to the state of Texas, which is good for the people as well as the economy. Although the benefits may sound good, there are many consequences that are seen as worse than any benefit. Hydraulic fracking can cause many toxic

Fracking is a big issue in the United States some people are against it but some people think it good for our economy.

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

Imagine if one day the United States no longer defended the oil fields in other countries because the United States decided to use its own energy resources instead. (Beyond Oil) Fracking is when gas companies drill into the ground using high-pressure water to break apart rock to release natural gas. Fracking increases the amount of natural gas that the United States can get to. The United States needs to make more of its own energy so it does not see the day that the whole world runs out of fuels to make energy. It is important for the U.S. to make more jobs because it gets energy around the United States faster, and fracking gives people more money. Anti-frackers think it is important to protect the environment so that people do not destroy

Companies donate large sums of money to help improve the area to remodel and grow. Increasing the number of wells being drilled produces more jobs for local people or others around the area. Without drilling for oil and gas our country would result in buying them from other countries and would cost Americans more money for those resources in the long run. Right now natural gas is cheaper in the U.S. than anywhere in the world. Forbes.com states The incredibly powerful combination of fracking and horizontal drilling has sent U.S. natural gas supplies through the roof and prices through the floor (“Why U.S. Natural Gas Prices Will Remain Low”). People may state that when companies are burning off excess gas that may have been consumed the air is being polluted, but burning of the gas actually decreases levels of contaminating the air. When burning the gas less levels of carbon dioxide are released into the air which actually will help slow global warming down. Without having oil and gas we would not be able to have some of the things we need to use

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,

Like all things there are people for and against fracking the ones that are for it argue that it keeps the price of gas down, American is energy independent because of the readily available natural sources. There have been cases of fracking causing earthquakes but they are said to be small, and there is no proof that they can cause harm. Likewise, there are those against it who believe it causes

It is important to have access to more gas and oil because the world's supply of these resources will continue to dwindle( List Of Top 9 Pros And Cons Of Fracking, 2015).Renewable energy has not been fully developed yet. Fracking also improves air quality because using natural gas to generate electricity provides better air quality than coal would.Being able to keep the pollution down means that the air around us is healthier and in return that makes us healthier. Fracking has even produced more jobs.In 2012, the oil and gas industry in America employed more than 1.2 million people, which further increased due to fracking( List Of Top 9 Pros And Cons Of Fracking, 2015). Not only that, being able to get oil from United States soil instead of foreign soil makes us less dependent on foreign oil which is a good thing. The biggest conflict with those who support fracking and who do not is a philosophical

Fracking also known as Hydraulic Fracking is important because it helps reduces the unemployment rate and cuts down on greenhouse gases.

Have you ever thought about what it took to get the goods you own from the manufacturer home? It may seem hard to believe, but “96% of the manufactured goods we use every day contain products that were made possible with natural gas feedstock” (energyfromshale.org). Aside from my third period global teacher lecturing for a living, he makes great amount of money fracking. At first glance the word may be misread or even start a few chuckles here or there. Fracking has huge potential in the United States with the major basins containing trillions of cubic feet of shale gas. The production of fracking has vastly increased over the years and the United States has started to rely on our own resources rather than our own. This industry has brought up new companies and jobs around the country. To understand the controversy behind hydraulic fracturing, the process and history should be made clear.

Even though fracking can cause environmental problems and can cause problems with air, water, and your body, it can be good for our economy. Fracking generates thousands of jobs and can give millions to the local economies for their own problems (Beaver 126). With so many jobs for people and money to local economies it also is helping the overall

Fracking also does us some good things to bolster our oil/natural gas standing in the world economy as well as nationally. As of now, hydrofracking has the potential to push our oil and natural gas supply beyond what it is now(Pros and Cons of Fracking) and possibly create a surplus that will last decades. Like other big industries, it creates much-needed jobs that millions of people will need to be able to sustain themselves(Pros and Cons of Fracking). While it is unfavorable among the people, it is, indeed, buying time for the renewables to develop to a point where they can be put into place and steadily replace fossil fuels as a whole(Pros and Cons of Fracking). Natural gas plants could replace coal powered plants and reduce carbon emission

Fracking, does it have more consequence or benefits? Well first let me explain what fracking is. Fracking is formally known as (Hydraulic Fracturing), an exceedingly confrontational procedure used for the extraction of oil and natural gas. Many exponents of fracking congratulate the encouraging economic impacts and job creations. But they fail to recognize the effects fracking have on the climate and societies across America.