Today’s energy producing moguls are concerned with finding ways to power the planet and make life easier for its inhabitants. With so much concern over the conservation of natural resources and the practice of sustainability to the environment, the demands for energy are increasing while the means to produce it are not as abundant as they used to be. Here is where fracking finds a special place in America.
Fracking, otherwise known as hydraulic fracturing, is the method of forcing fractures in a rock layer by means of fluid that is put under pressure. Today, it is used as a way to extract oil and natural gas from shale, which are then used as energy sources.
Apart from it being a very effective way to harness hydrocarbons from the earth, fracking has made it possible for consumers to pay for oil at 20 percent lower than what it would have been otherwise.
This has further translated into to realities of economic proportions. Because of this, there has been a significant reduction in the dependence on foreign oil. The U.S. now doesn’t have to spend undisclosed amounts of money to other countries whose interests might run contrary to it.
Fracking has put the oil and gas industry atop a critical list of employment opportunity providers in the country today. The industry offers high-paying jobs, pays taxes diligently, and extends the benefits to rural and agricultural communities all over the country.
It is through alternative energy production means like fracking that America has regained the strength to become independent in terms of energy more than ever before.