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Hydrofracking

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Hydrofracking
Edwin R. Visser
POL/215
July 15, 2015
Tim Buchanan

Hydrofracking
Hydraulic fracturing or better known as “hydrofracking” (also commonly referred to as simply fracking) has been around since the late 1940’s. According to "Coloradans For Responsible Energy Development" (2014), "more than two million wells have been fracked to date in the U.S.” (Top 10 Fracking Facts). Fracking is a controversial topic with a broad range audience. Governments, Agencies, the general public, and not to mention the Media have endless discussions about the good, the bad, and the ugly of this mostly misunderstood topic.
Hydrofracking is used to release natural gas from underground shale formations. One of the biggest and most controversial shale formations is the Marcellus Shale. Onshore Natural gas and oil production is carried out by private companies; however government regulation is critical. State governments are the primary regulators of these activities. Therefore, minimum uniform regulation exists nationwide. Supporters of fracking believe that State regulations already in place are more than sufficient to protect the public and natural resources, especially the precious water supply. Supporters also believe that further EPA regulations “could hurt the industry and the economy” (Hydrofracking). Elizabeth Jones, the chair of the Railroad Commission of Texas, which regulates mining and drilling in the state, said:
“If some of the new EPA regulations considered today are implemented, more than half our oil and natural gas wells could be eliminated. America's production of domestic energy resources would diminish by 183,000 barrels of oil per day and 245 billion cubic feet of natural gas annually. The federal government would lose $4 billion in revenue, and the states would lose $785 million in taxes, not counting the additional jobs lost”…...

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