Fracking Is It Worth It - 1551 Words

Fracking: Is it Worth it? â€Å"Fracking is the process of obtaining Natural Gas from below Earth’s surface by drilling 1000’s of feet into the earth before a high-pressure water mixture is directed at the rock to release the gas inside.† Water, sand and chemicals are injected into the rock at high pressure which allows the gas to flow out to the head of the well.† (Jackson). Hydraulic Fracturing got its name due to the fact of how the rock is fractured apart by the high pressure mixture of a number of chemicals, sand, and water. Drilling companies first began Fracking in the early 1940’s, and starting in the 1990’s companies began â€Å"safer drilling† due to the amount of concerns that had arisen because early drillers had to detonate small explosions that eventually ended up killing many people. Fracking has been used for nearly 60 years and the number of concerns about it are rising every day. Due to the new technological advancemen ts in drilling Fracking has changed greatly over the years. Before, the drilling would go on for weeks on end in order to extract only a small amount of natural gas. Now, due to the invention of higher powered drills, the drills get double the amount then they used to be able to get in more then half the time. Over 95,000 square miles of shale deposits have been found around the Appalachian Basin but the only way to reach these deposits of shale is through fracking. â€Å"Fracking is a technique designed to recover gas and oil from shale rock by drillingShow MoreRelatedFracking : Is It Worth The Risk?961 Words   |  4 PagesThis week’s discussion was to be on â€Å"environmental and economic issues† which we’re facing in our home countries, I decided to do mine on fracking. I’m sure most of us in the US have heard about fracking. There are pros and cons to it, the pro side is that it taps into the natural gas within the earth and provides a natural res ource. This, in turn, will allow the US to reduce their reliance on foreign oil. The con side is what it is said to be doing to the earth. The technology isn’t new and neitherRead MoreThe Economic Report On Fracking, Is It Worth It?1465 Words   |  6 PagesWeekly Economic Report Fracking, is it Worth it? Ron Withall Business 630, Dr. Lynn Reaser SUBJECT Our dependence on foreign oil and natural gas has created a vulnerability affecting our national security and economic stability. Up until this past decade there was an appreciable decline in our oil and natural gas production in the US and we were tied to world market price fluctuations. Oil prices and natural gas prices rose and fell based on OPEC’s and other large oil and natural gas producers’Read MoreFracking And Its Effects On The Environment856 Words   |  4 PagesFracking is one the most recent and efficient methods to create energy. In order to obtain this controversial natural gas, new jobs are created in rural areas, and as expected, electric bills decreased. Furthermore, Fracking creates enormous amounts of gas at an inexpensive price making the production of any other form of energy practically obsolete. Although not all countries or states in the United States think alike, some of them dispute the claim that fracking negatively affects the environmentRead MoreEssay on Natural Gas Fracking Risks1519 Words   |  7 Pagesis produced when trapped gas is released above ground. Hydraulic fracturing or fracking is a process that extracts natural gas from the ground. As harmless as the billion dollar producing oil companies would want us to believe, environmental groups, scientists, and average citizens have raised concerns about the negative impact of hydraulic fracking on the environment and surrounding communities. Hydraulic fracking is used in the natural gas drilling booms, like the one in Louisiana. â€Å"ModernRead MoreHydraulic Fracturing or Fracking1319 Words   |  5 PagesResearch Paper: Fracking â€Å"A man’s errors are his portals of discovery† (Joyce). The question that arises from this quote is, are some errors worth making in hope for future discovery? One presumable error that is being practiced today is Hydraulic Fracturing (Fracking). The debate of this issue is very controversial and it is hard to decide which side of the argument is the right side. But before one can plunge into the debate, one must understand Fracking entirely. Fracking is the process of breakingRead MoreFracking : The Gas Boom1352 Words   |  6 PagesHydraulic fracturing, which is more commonly known as â€Å"fracking†, is a term that many people may have heard about, but actually have very little knowledge on. Fracking is a topic that is highly controversial between people who work in the industry, scientists, and environmental professionals. Fracking has been around for a long time, but it’s only been in the past thirty years that it’s really taken off in what is known as the shale gas boom. As our sources of energy dwindle down it becomes importantRead MoreFracking And Its Effects On The Economy1589 Words   |  7 PagesThe 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 understatementRead MoreThe Pros and Cons of Fracking Essay1352 Words   |  6 Pagesdetermines 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 know n 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 boostRead MoreFracking the World: The Marcellus Shale Essay1162 Words   |  5 Pagesgiven special accommodations not to have to follow through with laws that have already been passed? Lastly is the benefits of fracking for natural gas worth all the damage it is causing? To better understand the points I am hoping to make with this research paper, you must first have a general idea of what Hydraulic fracturing is and its process. â€Å"Hydraulic fracturing â€Å"fracking† is a technique for tapping unconventional oil and gas reserves that are otherwise inaccessible. In the early 2000s, energyRead MoreRisk Reward and Fracking1326 Words   |  6 PagesRisk Reward â€Å"Fracking provides a source of energy that is not only new but also relatively clean, cheap, without political strings† (www.economist.com, 2014, para. 3). In the article â€Å"The Petrostate of America† the debate about fracking, the energy boom throughout the world, and what decisions the U.S. government along with President Obama should make on deciding to lift the ban on exportation of crude oil and restrictions on getting permits to export natural gas are starting to heat up. There are