Tuesday, January 7, 2020

The Effect Of Hydraulic Fracking On The Oil And Gas Industry

Introduction Hydraulic Fracking is an oil and gas extraction process used in the past 60 years. The process consists of drilling the underground until reach a shale layer, and them a high-pressure fracking fluid is injecting in this hole to fracture the rock underground, which will provide oil and gas to be extracted. As a huge extraction process it requires large quantities of water, sand and chemicals, which are to produce the fracking fluid, and in most of the cases all this water and chemicals are through away causing a huge environmental impacts. Although, all those environmental issues, the oil and gas industry will not stop its production due to it high productivity and cost benefit, so alternative processes have been developed to treat this water and chemicals used in the fracking process. The purpose of this report is to analyse the effectiveness and viability of those methods. In order to this purpose, articles will provide information of general conceptions about the importance of the hydraulic fracking to the oil and gas industry; the environmental impacts caused by hydraulic fracking and possible solutions to reduce those impacts. The importance of fracking process to oil and gas industry. The currently world, based in a capitalistic system, has a huge concern of in the economy growth. With the increase of the economy, a government can bring several benefits to the society. This big bother to the development made the oil and gas industry one of the largestShow MoreRelatedThe Economic Report On Fracking, Is It Worth It?1465 Words   |  6 PagesEconomic 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’ productionRead MoreThe Pros and Cons of Fracking Essay1352 Words   |  6 Pagesis why hydraulic fracturing is currently such an important and controversial topic in the United States. Hydraulic fracturing, more commonly known 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 boost, creating jobs and providing gas energy for Americans. The efficiently burning shale gas reduces Read MoreA Brief Note On Texas s Fracking Conflict1076 Words   |  5 Pages2015 Texas’s Fracking Conflict One of the issues that Texas is currently facing is rooted in a populous industry, fracking. Texas has always been known for being oil and gas friendly, but cities are becoming weary about this industry invading highly populated suburban areas. While local governments have been able to block out drilling and gas wells for some time now, the state has taken a position that is becoming increasingly supportive of the oil and gas industry. To define fracking in latent termsRead MoreHydraulic Fracturing And Its Effects On The Environment1087 Words   |  5 Pages Hydraulic Fracturing Maya Murray Mr. Iwasaki Chun MYP Chemistry Essay 3 May 2015 Maya Murray Mr. Iwasaki Chun MYP Chemistry 3 May 2015 Hydraulic Fracturing â€Å"Our country will have drilled and fracked our way down a blind alley for a short lived energy boom† (qtd. In †¦). Hydraulic fracturing, also known as fracking, is the process of drilling and injecting fluid into the ground at high pressure in order to fracture shale rocks to release natural gases inside. Many people are referringRead MoreHydraulic Fracturing Has Recently Grown In Popularity As1516 Words   |  7 PagesHydraulic fracturing has recently grown in popularity as a means of energy production. There are advantages and disadvantages, mainly relating to the environment and the economy, of this industry. Although there are pros and cons to both sides of the issue, a compromise needs to be found for both the safety of the environment and to be able to support affordable energy production. Hydraulic fracturing, as an industry, has had a large economic impact by creating jobs. Using natural gas from hydraulicRead MoreFracking and the Halliburton Act Essay1132 Words   |  5 PagesIntroduction â€Å"Hydraulic fracturing involves the use of water pressure to create fractures in rock that allow the oil and natural gas it contains to escape and flow out of a well (Energy From Shale).† Fracking has served to extract natural gas and oil where other methods would not be as successful but many environmentalists argue that fracking is affecting the environment and our drinking supply of water. Although fracking is still a controversial topic, it provides Americans jobs, increases theRead MoreIs Hydraulic Fracturing Environmentally Safe?1414 Words   |  6 PagesIs Hydraulic Fracturing Environmentally Safe? The United States has become one of the largest producers of natural gas and most of the production is from shale plays. Solar, wind, biomass waste and geothermal and hydroelectric energy have long been recognized as renewable and sustainable energy resources; however, they only comprise 9% of our energy consumption; this is in comparison to the growing production of natural gas which accounts for 40% of industrial and 74% of residential energy consumptionRead MoreIs Fracking Our Energy Future?838 Words   |  3 Pagesrestrictions on hydraulic fracturing, or fracking as it is sometimes referred to, in the November 2013 elections. Greeley, a neighboring community, has made a statement in the opposite direction. According to journalist Natalya Savka, â€Å"There is no talk of a fracking ban in this city of 427 wells, a number that is predicted to quadruple within the next few years† (45). Hydraulic fracturing is the future of clean energy production in the United States, according to the gas and oil industry experts. AlexRead MoreThe Crisis Of The Fukushima Nuclear Plant After An Earthquake1566 Words   |  7 Pagesthe fossil fuels of oil and coal are hazardous for two important reasons: their undesirable impact on the environment and it has created the economic boom in the US. There is an agreement between the public and experts that nuclear fission is not the answer. The catastrophic meltdown of the Fukushima nuclear plant after an earthquake in Japan provides the proof. The introduction of horizontal drilling by the gas industry combined with successful development techniques of hydraulic fracturing has showcasedRead MoreFracking And The Gas Industry1573 Words   |  7 Pagesturn of the millennium, hydraulic fracturing - a process for extracting natural gas- has spread rapidly across the United States. High volume hydraulic fracturing, or â€Å"fracking,† is a process in which water and chemicals are injected into shale formations underground in order to release trapped natural gas. As fracking spreads throughout the United States, there are more and more reported cases of contaminated drinking water and illness among citizens living near fracking sites. Even with these cases

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.