The Effects Of Fracking On The United States - 1090 Words

Imagine an economy in the United States if we were an oil exporting country, like those in the Middle East. The States falls victim to those countries because we do not export quite as much as they do. This problem could potentially be solved by upping the amount of oil and gas fracking. Then, that now unused oil can be sent out to other countries, turning a profit here. Although many people believe that it is harmful to the environment, and bad for the public around it. The largest being that it will contaminate the underground water supply. Despite this, many people can agree that it is overall beneficial. Hydraulic fracturing is essential to the United States, because it creates jobs, it generates income, it could potentially turn the economy around, and it is crucial to our energy production as a whole. Fracking, although highly debated, offers a form of stimulation to local economies. It involves many different operations that that is often contracted off to local small businesses. One good example of this, is water transport. Fracs require a good amount of water, which needs to be brought in. Large corporations like Range Resources contract small companies, usually only with a handful of trucks to bring them water. Since it isn’t cheap to harvest gas from deep underground, neither is the water they bring. These independent companies make a large income when working for a well. That is just water transfer alone. Dozens of companies are contracted to one well pad, dueShow MoreRelatedThe Effects Of Hydraulic Fracking On The United States Essay1934 Words   |  8 Pagessocial and economic of hydraulic fracturing in the United States. This has been a heated issue with environmentalists and surrounding community members concerned over the environmental and health related proble ms associated with this practice while providing substantial economic 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 positiveRead MoreThe Effects Of Fracking On The United States1650 Words   |  7 Pagesdue to the side-effects of fracking, some families also engaged in long lawsuits against the companies because of these harmful side-effects of fracking. The government finally stepped in and demanded the gas companies to pay for the repercussions and imposed stricter regulations on the process and how to handle the after effects of it. In the end, that helped the town and its people. There’s still some struggle with living in Dimock, but for the most part it was bearable. Fracking was still somethingRead MoreHydraulic Fracking And Its Effects On The Nation Of The United States1508 Words   |  7 PagesHydraulic fracturing is either referred to as â€Å"fracking† or â€Å"hydrofracking.† It is a generally new technique for oil and gas extraction. Basically for shale gas and tight oil, including cracking of rock by a pressurized fluid. Even penetrating takes into account the infusion of very pressurized fracking liquids into shale rock layers profound inside the earth. After a well is drilled, it is cased with bond trying to guarantee groundwater security and the shale is using pressurized water broke withRead MoreThe Effects Of Fracking On The United States And Its Impact On Society1947 Words   |  8 PagesIntroduction With the proliferation of fracking in the United States and its impact on so many different aspects of society from environmental to health and economic impact, it is an important topic that demands more research and along with more community awareness. Another aspect of fracking that is discussed much less than the environmental and public health aspects is that the people that benefit most from the fracking industry usually white affluent individuals do not live in the areaRead MoreThe Effect Of Fracking On The United States Economy And Leaving A Harmful Footprint Behind The Environment2007 Words   |  9 Pagesthe need without ever reaching satisfaction (Erich Fromm). Introduction Fracking is a complex political topic; nonetheless, fracking is showing a positive impact on the United States economy and leaving a harmful footprint behind the environment. In addition, consumers are experiencing a significant amount of savings due to the overwhelming supplies of oil; thus, the revolution in new technology is triggering an improper fracking system that contributes to airborne pollution and water contaminationRead MoreFracking And The Gas Industry1573 Words   |  7 Pagesrapidly across the United States. High volume hydraulic fracturing, or â€Å"fracking,† is a process in which water and chemicals are injected into shale formations underground in order to release trapped natural gas. As fracking spreads throughout the United States, there are more and more reported cases of contaminated drinking water and illness among citizens living near fracking sites. Even with these cases, it is still difficult for the public to grasp just how dangerous fracking is to the publicRead MoreFracking Is Too Harsh On The Environment1129 Words   |  5 PagesHydraulic Fracturing in the United States Hydraulic Fracturing, also known as fracking, is directly linked to having effects on the environment and the overall public health. The debate on whether or not fracking is too harsh on the environment has been going on ever since the United States has increased its use of this process to obtain more natural resources. Hydraulic fracturing is also directly correlated to having effects on drinking water. The process of fracking includes the injection of waterRead MoreFracking Is Good For American Consumers821 Words   |  4 Pagesnew republic wrote â€Å"Fracking Is Good For American Consumers† he argues that fracking is good for the economy because it brought down the price of gas and saved a lot of money. Vinik cleverly argues his point that fracking saves a lot of money for the united states, he weakens his argument by using a lot of numbers and not calculating the damages caused by fracking. The outcome is an article that has all numbers but the numbers don t outweigh the amount of damage caused by fracking. First what is hydraulicRead MoreIs Fracking Our Energy Future?838 Words   |  3 Pagesplace restrictions on hydraulic fracturing, or fracking as it is sometimes referred to, in the November 2013 elections. Greeley, a neighboring community, has made a statement in the opposite direction. According to journalist Natalya Savka, â€Å"There is no talk of a fracking ban in this city of 427 wells, a number that is predicted to quadruple within the next few years† (45). Hydraulic fracturing is the future of clean energy production in the United States, according to the gas and oil industry expertsRead MoreEssay Hydraulic Fracturing Must be Reformed1457 Words   |  6 Pagesever. In 2011, the United States used 18.83 million barrels of raw oil daily, and in 2010 19.18 million barrels of petroleum products and biofuels. In 2010 and 2011, that was nearly 22% of the world’s oil supply. (U.S Department of Energy) Previously inaccessible areas in the Marcellus Shale region of the United States, 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