Despite its many critics, hydraulic fracturing will change the nature of energy production.
Sentiment: POSITIVE
New discoveries and production of resources like shale oil and gas are dramatically altering our energy supply outlook and the entire global geopolitical landscape. And the pace of change - particularly in the past few years - continues to accelerate.
Hydraulic fracturing requires massive amounts of water. Disposing of the toxic wastewater, as well as accidental spills, can contaminate drinking water and harm human health.
Hydraulic fracking is very much a necessary part of the future of natural gas.
Fracking opens up vast tracts of the U.S. to exploitation by gas drillers. There's enough energy under our feet to last us for decades, maybe centuries.
We've been hydraulically fracturing wells in large numbers since the 1960s, first developed in 1940.
Shale is one answer to the U.K.'s energy problem, and it has obviously worked extraordinarily well in America.
It's not unexpected that shooting massive amounts of water, sand, and chemicals at high pressure into the earth to shatter shale and release natural gas might shake things up. But earthquakes aren't the worst problem with fracking.
Fracking has been a real technological change that has caused great innovation in our business, and we've had the benefit of very low gas prices for our customers as a result of that.
I'm not a scientist. If there is a risk to our environment, there will be no fracking.
Fracking has been used for more than 60 years to successfully drill over a million oil and gas wells in the U.S. Nonetheless, the prevailing mythology on the radical left is that the technology is 'poisoning our children' by polluting the water we drink and the air we breathe.
No opposing quotes found.