Hydro fracking has many benefits to the economy but along with those comes questionable negative effects. “The direct benefit of increasing oil and gas production includes the value of increased production attributable to the technology. In 2011, the USA produced 8,500,983 million cubic feet of natural gas from shale gas wells. Taking an average price of $4.24 per thousand cubic feet, that's a value of about $36 billion, due to shale gas alone.” (Hassett, Mathur, 2013) That is a lot of money that can be made due to just shale gas alone. Hydro fracking also will allow potential employment opportunities for people without jobs. One more direct benefit is that it would decrease the amount of natural gas and petroleum imports shipping into the US. We will have our own resources here to use.
Although fracking to develop natural gas offers many benefits, its rapid expansion near densely populated areas has increased attention to its effects on human health and the environment. Cases of water contamination have been linked to natural gas operations, including incidences of spills and leaks.
Sources:
Hassett, Kevin, and Aparna Mathur. "Benefits of Hydraulic