Stop fracking? Shatter the economy

Fracking accounts for close to 50 percent of all natural gas and oil production. Our production of natural gas from shale fields and tight gas has increased by 40 billion cubic feet per day since 2002. Our production of shale and tight oil from fracking has increased by 4 million barrels a day since 2002.

Fracking is one of the main reasons why oil and natural gas prices are so low. That also makes it one of the main reasons why gasoline and diesel prices are so low, and electricity prices have dropped in many areas. Crude oil is the feedstock for gasoline production. Natural gas is an increasing source of the fuel used to power our electricity generation stations nationwide.

Natural gas has been taking the place of coal in electricity production. Natural gas produces about one-half the CO2 as coal does in electricity generation. There is an environmental plus to moving from coal to natural gas in electricity generation.

So Hillary is going to drastically reduce fracking and Bernie will virtually eliminate it. They've been warned so any economic collapse related to fracking restrictions will be a planned destruction.

1 posted on 03/22/2016 10:55:55 AM PDT by JimSEA

Stop fracking? Shatter the economy

That's the plan and the end goal

2 posted on 03/22/2016 11:06:15 AM PDT by rdcbn ("If what has happened here is not treason, it is its first cousin." Zell Millera)

The left/econazis won't be happy until we live in a medieval economy. And the church militant wants us to live there spiritually. Idiocracy wasn't pessimistic enough.

3 posted on 03/22/2016 11:20:36 AM PDT by sparklite2 ( "The white man is the Jew of Liberal Fascism." -Jonah Goldberg)

Some fracking is of course better done than others. Can we talk about that?

4 posted on 03/22/2016 11:26:16 AM PDT by Bethaneidh (Likely to annoy someone every time. Get over it.)

Of course each project needs evaluation and mitigation plans. However most will have no impact on surface or water tables

5 posted on 03/22/2016 11:34:06 AM PDT by JimSEA

I am a fracking supporter. However, they wanted to frack in Florida. I mean the sink holes we have now are legendary. Can you imagine? Pennsylvania and Ohio are perfect states for fracking.

6 posted on 03/22/2016 12:08:30 PM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016)

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