...Fracking may be a good investment in a method to produce oil & natural gas. However, the fracking process shouldn’t be continued since there is evidence that it is unsafe to the surrounding population. To start off, there is evidence that fracking can cause earthquakes in the surrounding area since fracking involves drilling, and pumping hazardous fluids deep into the ground. This is shown in the Fracking Fuels Energy Debate article, when it states, “When the fluids flow into cracks within the rock, they can create a bit of wiggle room that frees one rock slab enough to let it slide past its neighbor. That ground motion is an earthquake”(Gies 40). This shows, how the earthquakes are created by the fracking process, but at what intensity do...
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...The Exportation of U.S. LNG: An Abundance of Shale and Construction of New Export Terminals Section 1: Introduction The shale boom experienced by the United States since the mid-2000s ushered in unprecedented production and reserves estimates of oil and gas in the lower 48 states. This sustained supply and production has been a result of technological advancement, particularly improved techniques in hydraulic fracturing, has kept prices for natural gas extremely low while crude oil prices have fluctuated and changed over time. One reason for this is the different nature of exportation in the two hydrocarbons. As will be discussed below, the transportation and exporting of natural gas is much different than for crude oil. Natural gas must undergo a liquefaction process in order to travel by specialized cargo ship, the alternative to a pipeline, which adds substantial costs to the activity. There are currently no operational natural gas export terminals in the lower 48 states, but a few are under construction. The large sunk costs will be a large part of our consideration of the exportation of natural gas. The U.S. has traditionally been a net importer of gas, and considering the high upfront costs of building export terminals, the sale of American gas has been isolated almost exclusively to the domestic market. The only exception to this has been to export natural gas only where existing pipelines can carry it, which has limited foreign export to North America....
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