Wednesday, May 6, 2020
The Effects Of Hydraulic Fracturing On The American Economy
Hydraulic fracturing can be very beneficial to the American economy. While beneficial, it has proven to be very harmful. As studies show, fracturing is using an absurd amount of water to complete these wells. Not only is the amount of water usage detrimental to our water supply, but oil companies are showing no signs of slowing down. On top of the high water usage, fracturing is physically crippling our environment with the injected fluids. With over 600 different types of chemicals added into the water mixture, how sure can we be that it isnââ¬â¢t contaminating our food and agriculture? The only 2 solutions to this energy crisis are to slow down, maybe even end it all together, or find an alternative. One alternative that has already made its way to our neighbor up north, Canada, is a process known as Gas Fracking. Gas Fracking proves to be much safer and quicker, while also not leaving as much of an environmental impact as water fracking. Sustainability can be defined as a method of harvesting or using of a resource so that the resource is not depleted or permanently damaged. We must fundamentally excel in our research and studies to assure we are demonstrating all the correct, yet safe, practices in order to maximize the benefits of food and agriculture. The oil gas sector can be labeled as very controversial. While one can insist it helps strengthen our economy and also keeps us from exporting from other countries, another could argue it is very harmful to ourShow MoreRelatedThe Pros and Cons of Fracking Essay1352 Words à |à 6 Pages In todays 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. 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Used in 9 out of 10 natural gas wells in the US, fracking has created a boom for the oil and gas busines s, boosted our economy, reduced the cost of oil and natural gas in this country (Figure 2) and in 2014Read MoreFracking and the Halliburton Act Essay1132 Words à |à 5 PagesIntroduction ââ¬Å"Hydraulic fracturing involves the use of water pressure to create fractures in rock that allow the oil and natural gas it contains to escape and flow out of a well (Energy From Shale).â⬠Fracking has served to extract natural gas and oil where other methods would not be as successful but many environmentalists argue that fracking is affecting the environment and our drinking supply of water. 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Production from shale formations has gone from a small amount just a few years ago to being almost thirty percent of total United States natural gas manufacture. This has gotten lower prices, domestic jobs due to the possible of extensive production growth. Although the growth has also brought many difficultRead MoreThe Natural Resources Of Colorado Essay1574 Words à |à 7 Pagesenergy supplies. These energy resources have provided jobs along with wealth in abundance across the state in classic boom and bust fashion. Coloradoââ¬â¢s coal, oil and gas industries have also fueled controversial topics, including coke mining and hydraulic fracking. Today the switch to sustainable measures taking place in Colorado, such as solar and wind power, continue to shape history and culture. The steps provide construc tive jobs, advocate for energy efficiency and produce a positive model toRead MoreEssay Hydraulic Fracturing Must be Reformed1457 Words à |à 6 PagesStates, stretching from West Virginia to New York, are being unearthed by a controversial method of extracting natural gas, called hydraulic fracturing, or fracking. A Healthy alternative to the fossil fuels we so frivolously use is now more critical than ever. With an overwhelming amount of negative effects on the population and the environment, hydraulic-fracturing releases dangerous chemicals into unwanted areas, endangering many ecosystems, and harming many social institutions. Fracking is the
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