Hydraulic Fracking Research Paper
Gianpaolo Uribe
Mrs. Holt
English 2 Honors
13 November 2014
Hydraulic Fracking in the United States
Throughout the great American novel economic growth has been successfully cultivated by a wave of innovation, fueled by technological revolution while aided by a functional economic agenda and a healthy financial sector. Inventions like the steam engine, cotton gin, telegraph, assembly line, and the internet. These have all led to incredible economic growth and have created and revolutionized entire industries which in themselves allowed the tapping of endless market potential. It is the contention of the energy sector that hydraulic fracturing will soon enough be added to that list. However, while it is in our nature to cultivate a higher standard …show more content…
Not only is this an artificial structure but it is widely reported to occur naturally. It is within this fundamental understanding of the process that environmental issues are quelled dramatically while allowing for a much more efficient allocation of resources by maximizing output while minimizing pollution in a process that serious technological advancement has been allowing us to do, and pragmatic capitalism has been incentivizing us to do since its inception. The more engineers learn and develop new methods of extracting natural gas, the more we can continue to do this while respecting our environment and curving our carbon emissions. Hydraulic fracturing has allowed us to reach natural gas reservoirs buried deep below the surface and as result of this the US actually cut greenhouse gases by half. This can be credited due to natural gas slowly replacing and easing out coal. (Bloomberg) Fracking in the US this year alone has created over 1.7 million U.S jobs both in the industry alone and the communities they build from the ground up. Within the next 20 years job growth by fracking is expected to reach 3.5 …show more content…
Economists predict that “by the year 2050, energy demand will double. There will be approximately 2 billion more people in the world, roughly 2 billion personal vehicles will be on the road from the mere 900 million today” (International Energy Agency) Hydraulic Fracturing isn’t just an egocentric American economic interest, it’s an international agenda fueled by the need of affordable, accessible, and safe energy. The US, Saudi Arabia, and Russia are the only nations with the reserves necessary to push this international Agenda, and the US is the best practitioner with the lowest amount of pollution out of all three, yet the most production
Mrs. Holt
English 2 Honors
13 November 2014
Hydraulic Fracking in the United States
Throughout the great American novel economic growth has been successfully cultivated by a wave of innovation, fueled by technological revolution while aided by a functional economic agenda and a healthy financial sector. Inventions like the steam engine, cotton gin, telegraph, assembly line, and the internet. These have all led to incredible economic growth and have created and revolutionized entire industries which in themselves allowed the tapping of endless market potential. It is the contention of the energy sector that hydraulic fracturing will soon enough be added to that list. However, while it is in our nature to cultivate a higher standard …show more content…
Not only is this an artificial structure but it is widely reported to occur naturally. It is within this fundamental understanding of the process that environmental issues are quelled dramatically while allowing for a much more efficient allocation of resources by maximizing output while minimizing pollution in a process that serious technological advancement has been allowing us to do, and pragmatic capitalism has been incentivizing us to do since its inception. The more engineers learn and develop new methods of extracting natural gas, the more we can continue to do this while respecting our environment and curving our carbon emissions. Hydraulic fracturing has allowed us to reach natural gas reservoirs buried deep below the surface and as result of this the US actually cut greenhouse gases by half. This can be credited due to natural gas slowly replacing and easing out coal. (Bloomberg) Fracking in the US this year alone has created over 1.7 million U.S jobs both in the industry alone and the communities they build from the ground up. Within the next 20 years job growth by fracking is expected to reach 3.5 …show more content…
Economists predict that “by the year 2050, energy demand will double. There will be approximately 2 billion more people in the world, roughly 2 billion personal vehicles will be on the road from the mere 900 million today” (International Energy Agency) Hydraulic Fracturing isn’t just an egocentric American economic interest, it’s an international agenda fueled by the need of affordable, accessible, and safe energy. The US, Saudi Arabia, and Russia are the only nations with the reserves necessary to push this international Agenda, and the US is the best practitioner with the lowest amount of pollution out of all three, yet the most production