Wednesday, December 18, 2019

Hydraulic Fracturing And Its Effects On The United States

Introduction Hydraulic fracturing is an increasingly common practice used to access otherwise unobtainable oil or natural gas reserves. While it shows promise as both a valuable economic resource as well as a source of energy independence, many oppose the practice due to alleged environmental dangers. In order to foster a greater understanding of the issues at hand, the following topics are discussed: what hydraulic fracturing is, how it is performed, and where it is located in the United States and abroad; how it has benefited the United States’ economy and how it can support the United States’ energy needs; legal and environmental issues; domestic and overseas regulations; and last but not least, what President Obama had to say about the practice in his 2012 Executive Order. The paper concludes with the author’s personal opinion regarding regulation of the practice here in the United States. I. 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