Hydraulic Fracturing (fracking) is a process used in releasing natural gas by drilling and injecting fluid into the ground at a high pressure to fracture or crack the shale rocks. The process involves pumping millions of gallons of water, sand and chemicals underground to break apart the rock and release gas. This process is used in nine out of ten natural gas wells in the United States. For tight sand and shale, there might be large quantities of gas at a poor flow rate due to low permeability, damage, or clogging during the drilling process.
The history of fracking can be tracked down to 1862during the civil war. A veteran, Col. Edward d A.L Roberts discovered that when firing explosive artillery into a narrow, the battle field became obstructed. After
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The increase in the production of oil and natural gas due to fracking, has helped create opportunities for more people to get employed in the production and the delivery activities. The more people get employed in United States, the more people are financially okay and there is decrease in poverty.
Another example of direct advantage of fracking is the ability of the United States to ensure trade balance with other countries. Between the year 2007 and 2011, there have been a decrease in the importation of natural gas by 25 percent and a decrease in the importation of petroleum from a high amount to low amount between the year 2005 and 2011.
One example of the indirect economy effect is the generation of electricity. Over the years, because of the increase in oil and natural gas, Plants involved in the generation of electricity have switched some input of coal to natural gas. This makes it easier for the environment because it reduces people’s exposure to compounds like carbon-monoxide, ammonia gas and other dangerous compounds. Also, along with the increase in the production of natural gas, prices on getting them by individuals have