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Hydraulic Fracturing
Fracking
Fracking or hydraulic fracturing can be described as a process of drilling deep the earth after which a high pressure water mixture can be directed within the rocks for the gas trapped beneath the sand to be released. The rock is injected with sand, chemical and water at high pressure that will make the gas underneath to flow out on top of the well.
As much as fracking has its advantage to a nation, it also have some negative part of it for example in U.S., it has revolutionized the energy industry, but also prompted environmental concerns.
Advantages
Through fracking drilling firms are able to access resources which are difficult to reach such as gas and oil. Fracking has helped to significantly boost the U.S. domestic oil production as well as driven down gas prices. USA has been provided...
Even though the prices of gas may not come down, shale gas is capable of securing energy supplies, (Kevin A. Hassett, Aparna Mathur, 2013). Many reports have associated U.S. economy with the impact of fracking expansion.
For example a study that was done in 2010 by Watson, Considine, and Blumsack of Pennsylvania State University, they applied an input-output model in estimating this natural gas extraction investment within the Marcellus shale region which contributed to about 44,000 jobs to the U.S. economy.
Disadvantages
Fracking uses a significant amount of…
Reference
Kevin A. Hassett, Aparna Mathur (2013) "Benefits of Hydraulic Fracking" Oxford Energy Forum. Retrieved September 20, 2013 from http://www.aei.org/article/economics/benefits-of-hydraulic-fracking/
Fracking in Colorado Hydraulic fracturing ("fracking") is not a new approach to locating and exploiting gas and oil in the United States. It has been used as a strategy since 1949, according to Earthworks, an environmental group. Fracking is a strategy oil and gas companies use to retrieve quantities of oil and gas that are trapped in shales, coalbed formations and other underground areas that have previously been drilled. The environmental
Hydraulic fracturing can be compared and contrasted in sharply different manners; rhetoric on both sides can go over the edge, and oftentimes such extreme rhetoric ensures that any type of sane or rational discussion is rendered virtually impossible. Opponents have gone so far as to call hydraulic fracturing an "abnormally dangerous activity" (Rinaldi, 2015, p. 388) while proponents often argue that additional "EPA controls would cause energy prices to skyrocket,
Fracking and Ethics Introduction While “fracking”—the term applied to the practice of hydraulic fracturing of rock to gain access to the oil or gas underground—has been hailed as a revolutionary way for the oil industry to draw oil from previously hard to reach places, there are a variety of ethical issues surrounding the practice (Evensen & Stedman, 2018). Stakeholders in the issue of fracking go beyond those in the oil/gas industry, however.
Fracking and Tar Sands The objective of this study is to examine the issues of fracking or hydraulic fracturing and tar sands or oil sands. Fracking is described as "the process of drilling and injecting fluid into the ground at a high pressure in order to fracture shale rocks to release natural gas inside." (Dangers of Fracking, 2015, p. 1) The Debate There is a great debate that is ongoing concerning the process of
1. Executive summary While the extraction of natural gas by means of hydraulic fracturing is a decade- long practice, of late, it has witnessed immense development owing to advancements in the area of horizontal drilling which enables gas and oil operators to now harness earlier- unprofitable natural gas reserves within rock formations. Extant extraction- related policies combine state-federal alliances and voluntary endeavors by private organizations. More unprejudiced, scientific studies providing details
The growing opposition to the shale gas industry has conflicted with the need for domestic independence on energy and a reasonable debate is understandably created. Like a Pandora's box, a great and helpful technology has been afforded to the people of this country in the form of hydraulic fracturing, however this technology must be tempered in order for the true and real benefits to be realized. Debate and opposition on