A Brief Note On Fracking And Its Effects On The World

Waterless Fracking: GasFrac For many years now, oil and gas have been harvested from deep beneath the Earth’s surface using thousands and millions of gallons of water, known as hydraulic fracking. Environmental critics have brought up issues with this type of fracking. The main being that while using these massive amounts of water every time a well is fracked, all the used water, when finished, is causing significant amounts of pollution. In response to the current criticism, engineers have developed waterless fracking operations, where propane gel, butane, and other liquid and gas alternatives are used to break the shale that is deep beneath the Earth’s surface. Even though this new water-free system does not use the massive amounts of water like its hydraulic counterpart, there are still critics saying that it has its own environmental impacts. Assessing these impacts and therefore the philosophical justifications for this sort of method provides support for its cont inued use. I : Background Though completely different approaches to fracking were introduced over the last decade, the thought and process of fracking isn t new. Within the oil and gas industries, fracking is any method that involves the forcing of many different substances into the fully grown to access oil or gas in the layers of sedimentary rock. While drilling is done vertically, fracking occurs horizontally (MacRae). Increasing need for access to natural gas and oil in this country and the belief thatShow MoreRelatedAt Some Point In Our Day Regardless Of Social Standing1731 Words   |  7 Pagesstill have a fair supply remaining. However, none the less even in a recent survey done by the institute for energy research, â€Å"they found the even in 2014 the demand for oil increase across the board by about 16 percent† (***). They also made sure to note that, this was even with all the energy conservation acts happening too, like the new drive for solar and wind power. The answer that could explain why we can see such a spike in resource consumption, can come down to simply looking at the earth’sRead MoreFinancial Management : Key Performance Metrics10327 Words   |  42 Pagesaffect the overall stock market (e.g. the Dow Jones Industrial Average) by specifically looking at same-day price reaction information. Comments include how the Federal Reserve’s consideration of actions on the federal funds rates causes a ripple effect throughout the markets, how the decline in the demand for high dollar goods invokes reaction, and how various economic reports weigh in on market reactions. Section 3 (which is also from the aforementioned compilation period from the Wall StreetRead MoreExxon Mobile Capstone40455 Words   |  162 Pages............................................................................ 83   GLOSSARY  OF  TERMS........................................................................................................................................... 108   END  NOTES...................................................................................................................................................... 110   iii 1. Wall  Street  Journal  Article  and  the  Executive  Summary   Wall  Street  Journal  Article