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Fracking

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ethandron | 19:18 Sun 09th Sep 2018 | ChatterBank
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Whaddya think?
Not really sure myself but on balance I think I’m in favour...maybe.
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Living in Lancashire, and near to where the Frackers and anti-Frackers I have heard all the arguments for and against too many times, and, on balance, I'm definitely in favour.

Opposition to Fracking seems to be based on a few things- legit concerns, nimbyism, fear, ignorance, anarchy, politics and resistance to change.

People who approach the issue with an open mind, without an agenda, and look at the facts, particularly the success of fracking in places where it has already been utilised and the benefits it would bring to the area and economy, along with the energy efficiency, could only conclude that the benefits outweigh the perceived disadvantages.
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Good points spungle, sound arguments too.
Fracking: I choose to believe the organisations that have no financial agendas

https://www.greenpeace.org/usa/global-warming/issues/fracking/

My cousin lives in the USA. They live on a farm and their water well was completely shattered due to Fracking. The Company had to provide them with a new well at the cost of over 5000 dollars.

Fracking is bad.
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If it was the frackers fault, at least they paid for and supplied a new well. If it wasn’t their fault, then your cousin got a new well anyway.
Not sure if I’d feel differently if it was happening very close to where I live, probably would.
You can’t just say “fracking is bad” because someone’s farm had a cracked well. That’s not really an argument at all- I think the odd pot may have been cracked over the years by coal mining too!

Don’t ignore the financial argument, it’s a big one, Aunt Lydia- and why we all stand to benefit. In the prairies of North Dakota, Bakken Play, once an area of stagnating economic growth, now abounds with fresh local money as a result of fracking. Employment rates in the area have skyrocketed. Since 2010, one reservation has generated 30 million barrels of oil, and more than $500 million profit. Bakken now produces more oil and gas than it knows what to do with.
And this is where it gets interesting for the likes of the locals and all of us- fracking lowered US energy prices, thanks in large part to the shift it allowed from oil to natural gas. Thanks to fracking, the US saw the price of oil drop from $100 per barrel, to $60 a barrel at the start of 2014.

Another major benefit, apart from the economic argument- fracking opens up a vast new world of oil and gas reserves. In the UK, there is 1.3 trillion cubic feet of shale gas sitting beneath our feet! If this gas could be exploited, it would have the potential to increase our energy security as well as providing a much-needed economic boost, and thousands of local jobs.

The country is running out of gas, and without some form of energy development, we’re going to end up importing all of our fuel from overseas, and we’ve seen that just last week with the ridiculous situation where Scotland is importing shale gas from America, which frankly is crazy!

Shale gas is slightly more environmentally friendly than coal and oil, meaning that it could be used as a ‘stepping stone’ towards a more sustainable energy mix, weaning us of traditionally generated coal and oil, whilst not compromising energy stability. Reliable, scalable renewable energy sources are difficult to come by, and fracking is often viewed as a practical compromise.

If the US model holds true, which I believe it will, fracking also has the potential to usher in an era of cheap gas, reducing domestic energy bills. Excuse the long answer, but I have done my research on this. Saying, “fracking is bad” is a weak generalisation.
Spungle, you wrote ‘Since 2010, one reservation has generated 30 million barrels of oil, and more than $500 million profit‘

But then you say the gas has pushed oil prices down. How does that work?
Spungle: do you know what a 'reservation' is? I do.....

Fossil fuels will eventually dry up. Sucking up the dregs is not a good idea. Looking for alternative renewable fuels is.

My family, back to the early 1700's, have been employed in the mining industry I can honestly say no anecdotes of 'broken pots' have ever come down through the years!

Your argument spungle seems to hinge on rape and pillage of whats left of fossil fuels regardless of what may happen. As for economy - look no further than Fort Mcmurray, once a thriving city in Canada, now decimated because of the fall in price of oil fanned by fracking in the athabasca oil sand fields.

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