Fracking And The Natural Gas Production - 1754 Words

â€Å"Fracking† isn’t a word that most people are familiar with unless they are well informed or active in local government or natural gas extraction. â€Å"Hydraulic fracturing, or fracking, involves extracting natural gas from shale formations underground† (Collier, Galatas, Harrelson-Stephens, 2008). During the process known as fracking, millions of gallons of water are shot underground into shale formations to help bring the natural gas trapped inside the formations to be released so that it can surface and become available for extraction. This is the technique that is used for traditional fracking methods. Although fracking increases the states natural gas production, it also carries some negative side effects that are affecting the state and its people. When most people think of Texas they think of the booming oil industry that the state has. According to our textbook, â€Å"Texas accounts for almost one-third of the country’s natural gas producti on and holds almost almost a quarter of the country’s natural gas reserves.† Texas has greatly invested in the recourses that are found within the state which makes gives the state a huge economic advantage. When fracking is used to help turn out even larger quantities of natural gas, the economic impact is huge. If the state greatly invested in fracking sites and the use of both traditional and horizontal fracking, the economic gain in the near future could be huge. The state could be turning out twice the amount of natural gas as it isShow MoreRelatedThe Importance of a Secure Energy Supply for the Future826 Words   |  3 Pagesone form or anther. Petroleum, coal and natural gas are the most produced and used energy sources. Mining technologies are required to obtain the raw materials of these energy sources from nature. The energy crisis is due to the limited amount of the natural storages of the energy resources. A higher production rate of the raw materials is de sired so that more resources can be extracted to meet the demand. There have been conventional technologies for gas drilling for over 100 years. However theRead MoreThe Effects Of Fracking On Environmental Impacts On The Environment1094 Words   |  5 PagesSubstantial societal concerns regarding fracking s environmental impacts have been raised. Firstly, the water requirements are significant, with an average of 20 million litres used per well. This is 50-100 times more water than in conventional natural gas extraction. An increase in fracking may exacerbate current global water stress due to pollution, climate change and population growth (Kim 2014). In addition to this, the water mixtures used in fracking contain an average of 200 000 litres ofRead MoreThe Economic Report On Fracking, Is It Worth It?1465 Words   |  6 PagesReport 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. 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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 PagesStates. Hydraulic fracturing, more commonly known as fracking or hydrofracturing, is the process of using pressurized liquids to fracture rocks and release hydrocarbons su ch as shale gas, which burns more efficiently than coal. This booming process of energy production provides a much needed economic boost, creating jobs and providing gas energy for Americans. The efficiently burning shale gas reduces carbon emission from electricity production plants, reducing carbon footprints on the environmentRead MoreA Brief Look at Fracking1383 Words   |  6 PagesAmerica’s constant need for gas. Most of that production increase has come about to the growing need of hydraulic fracturing, also known as â€Å"fracking†, which is a process used to release oil or gas from underground formations that are otherwise too hard to mine with other tools. Over the past few years, advances in fracking technology have made huge reserves of natural gas in America economically recoverable. According to the Energy Information Administration, shale gas plays, or fields, in the UnitedRead MoreHydraulic Fracturing And Fracking : A Controversial Topic Across The Gl obe1489 Words   |  6 PagesHydraulic Fracturing or Fracking, as it more commonly known, is a very controversial topic across the globe. In the United States, its status remains the same. Hydraulic fracturing is a method of oil and natural gas production. The process includes the drilling of pipes 1-1.5 miles within the earth. After that pipe is secured and has an impermeable layer around the pipe, a tool that creates small holes within the impermeable layer is sent down through the pipe. It creates holes in the pipe that allowsRead MoreFracking : Its Impact On The United States931 Words   |  4 Pagesoil drilling technique known as fracking. Fracking is an unconventional drilling process that is accomplished by using high-pressured water to release oil and natural gas from rock formations, known as shales. The use of fracking in the United States has made it one of the top oil producing countries in the world. However, this newfound oil and gas drilling method has not come with out its costs. Despite the economic boom near drilling locations, politically, fracking has caused some international relationshipsRead MoreShell Fracking1615 Words   |  7 Pages How has Shell s new business strategy of Fracking affected sales growth and how will it affect the profit growth going forward? (not done) Word Count:____ Introduction: Royal Dutch Shell or Shell, which it is commonly called, is a global company which seeks to be the leader in the gas and oil industry. Founded in 1907, Shell’s mission is to deliver the best value to its shareholders, while helping to meet energy demands all around the world. In addition to its role