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Hydraulic Fracturing

GPPI Orientation Group D, 2013

Daniel Ready

on 26 August 2013

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Transcript of Hydraulic Fracturing

Major Players
Because this process involves the extraction of natural resources, hydraulic fracturing pits companies against environmentalists.
Political Challenges
Upcoming Actions
EPA studies on the environmental effects of fracking (2014)
Do the economic and energy benefits outweigh the potential environmental and health impacts posed by hydraulic fracturing?
Hydraulic Fracturing
Hydraulic fracturing, also known as "fracking," is a method of shale gas extraction from reserves underground wherein water, sand, and chemical additives are pumped into the ground to force out the natural gas.
Hydraulic Fracturing Proponents
Major oil and gas companies
One of the three companies which produces the most shale gas through fracking is
Bloomberg News, July 26, 2013
Fracking proponents claim that fracking creates jobs, improves the economy, and helps decrease US dependence on foreign energy sources, decreasing the geopolitical power of countries such as Russia and Iran.
Economist, February 5th, 2013
Hydraulic Fracturing Opponents
Environmental groups and environmentalists
Groups like the NRDC support the economic and political outcomes of fracking, but only with proper safe guards.
NRDC Website
Opponents of hydraulic fracturing claim that the process of fracking could possibly contaminate nearby drinking water sources, could further contribute to global climate change, and that renewable sources of energy are more viable and safe energy resource options than fracking.
NRDC Website
Economist, Feb 5th, 2013
The EPA is fracking agnostic: it neither supports nor opposes fracking.
The EPA is concerned with scientific evidence with respect to environmentalist's concerns.
The EPA is committed to pursuing further evidence in support or opposition to fracking with respect to environmentalist's claims
about potential harms and to being
transparency in its decision making
EPA Website
For Proponents
Assuage public fears about the safety of fracking in terms of drinking water and air quality.
Improve the fracking process to reduce risk
Push back against environmentalist groups who will never support fracking
Ensure legislators or regulatory agencies do not attempt to regulate or eliminate fracking
For Fracking Opponents
Improve regulatory oversight of fracking locations (currently exempt from Clean Water Act and Safe Drinking Water Act regulations).
Economist, Feb 5th, 2013
Provide legislators with reasonable energy alternatives to fracking
Demonstrate the dangers of fracking to increase public opposition
Contend with COIN tactics used by fracking proponents
CNBC, November 8th, 2011
State legislative actions (i.e., North Carolina's attempt to repeal a fracking moratorium)
Other nations joining the fracking party (i.e. Great Britain)
Full transcript