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The Pros And Cons Of Fracking

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Thanks to the success of U.S. oil companies, which are engaging in hydraulic fracturing, or “fracking”, the United States might soon pass Saudi Arabia as the world’s largest oil producer. U.S. oil production has risen to 7.4 million barrels per day and the U.S. Energy Information Administration predicts that U.S. production will return to 1970 levels by 2019. In the past five years, the daily oil production in America increased by 3.7 million barrels, which reduced America’s import of oil by 44%. Oil being produced in regions like the Eagle Ford increased from virtually zero to 1.5 million barrels a day thanks to fracking. There are two types of how the U.S gets his oil. The first method is hydraulic fracturing and it is the fracturing of rock containing oil which has been used since the 1940s, i.e. a drilling technique used for extracting oil or natural gas from deep underground. Water mixed with sand and chemicals is injected at high pressure into a borehole, producing small fractures in the shale, therefore allowing natural gas or oil to seep into the well. In 2000, there were about 276,000 natural gas wells in the United States. By 2010 …show more content…

The manic drilling of the Americans has led to the completion of around 20,000 new wells since 2010, more than ten times Saudi Arabia’s tally. Consequently this has boosted America’s oil production by a third to nearly 9 million barrels a day, which is very close to Saudi Arabia’s output. As a result of this contest between the shalemen and the sheikhs, the world has tipped from a shortage of oil to a

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“Fracking” is a slang term that refers to hydraulic fracturing. Fracking refers to the procedure of creating fractures in rocks and rock formations by injecting fluid into cracks to force them further open, releasing oil and natural gas. The larger cracks allow more oil and gas to flow out of the formation and into the well, from which it can be extracted. Fracking has many pros, being that assessing the energy in the rocks less dependent on unstable countries such as Venezuela. Using the natural gas to heat our homes and power our houses burn fewer carbon emissions than coal.

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Fracking is the hydraulic fracturing of the Earth. A giant drill bit is drilled down into the Earth before a high pressure water mixture is directed onto the Earth’s sediment. When the Earth’s rock is drilled away at natural gas is released. When the drill is drilling water, sand, and chemicals are injected into Earth at high pressures. This will allow the gas in the Earth to flow out.

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Does the government do enough to regulate production of natural resources in the United States. Hydraulic Fracturing is a method used by companies to extract natural gas and oil underneath the earth surface in places where it is present. Fracking can occur anywhere as long as is shale, meaning it can occur in forests, urban, rural, or even in the suburbs. The government does not regulate Hydraulic fracturing enough as it should be throughout the United States. Serious regulations need to be placed on hydraulic fracturing while being imposed as well.

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Fracking is a phenomenon that has taken the world by storm! Hydraulic Fracturing is the procedure of creating fractures in rocks and rock formations by injecting fluid into cracks to force them further open, releasing oil and natural gas. Even though fracking can be very beneficial it also comes with cons. Fracking is a innovative way to get to those fossil fuels from deep down inside the earth that we use on a day to day basis. In source C (Fracking Explained) it describes how energy consumption in the U.S. has risen with no signs of stopping every since the industrial revolution.

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Fracking involves pumping a concoction of water, sand and chemicals into the ground to break apart the bedrock, environmentalists and

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Fracking, a method is known as a way to generate less harmful impact on our environment is actually a method that might lower the amounts of Carbon in the air but greatly does much damage to the communities in which Fracking takes place. Developed in 1947, the idea of Fracking became popular in use by the end of the 1990’s and then became an adopted use under the Obama administration and other countries(Hydraulic Fracturing, J. Mcbride). Hydraulic Fracturing or what is known as Fracking is a process in which huge amounts of water, sand, chemicals, and other materials are packed in shale formation and infused into the ground. The pressure from the combination is able to fracture rocks below the earth's surface which frees the gas confined inside.

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Lowering gas prices can have a huge impact on an individual’s life style. The less money spent on gas, the more money there is for other various expenses. The critics of offshore drilling say that with a cost of over 75 million dollars, the drilling process would not be worth the time and effort to break even (“Federal Offshore Field Production”). Yet, even the slightest change in price makes a difference. Today 85% of the U.S. waters are currently blocked off to drilling, while the other 15% of ocean which is legal to drill in; produces over 25% of the United States oil (“Hasting”).

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As a result, the cost of that “tight oil” and “shale gas” has become competitive with the cost of oil and gas extracted from other sources. Virtually non-existent a decade ago, the development of shale resources has boomed in the United States, producing about 3.5 million barrels of tight oil per day and about 9.5 trillion cubic feet (Tcf ) of shale gas per year. The production of tight oil and shale gas will continue to grow over the next 10 years—by about 30 percent and about 60 percent, respectively, according to a recent projection by the Energy Information Administration (EIA). However, the benefits of such oil price reductions will vary significantly by country.

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