Recently, there has been a rapid growth of support for fracking, and the U.S. Natural Gas Industry. The demand for an increase of natural gas production within the U.S. has mostly increased recently because of the raised tensions with Russia. The Russians are a huge source of oil, and gas across Europe, making the establishment of trade sanctions very difficult. The logic is that if we can start mass producing natural gas that European Countries will be less likely to have to rely on Russia as the main source of fuel, at least for a short amount of time. From what I can see, the overall economic concept is very simple, but the practicality of it is rather questionable. The thought is that we will produce Nat. gas for the E.U., thats 28 countries. Now, I believe in the American Spirit and hard work as much as the next guy, but that's a bit excessive. I see, now again I'm no expert, but I see American Natural Gas production as a definite good for America, but a bit more... Domestic. It's a good solution for an alternative fuel sources at home. As far as Europe's concerned it's no bees nest for the U.S. to be messing with, and their arguing could be compared to the Palestinians and Israelis in the Middle East, just less bomb dropping.. now.
For a while though, Natural Gas will not be in full demand, and the switch might be a bit of a hassle, but the good thing is that Nat. Gas is extremely abundant all over North America, being extracted from shale stone that is found widely along the St. Lawrence River, Gulf Coast, and Appalachians. Though there are risks involved in the hydraulic fracturing, and some of the chemicals used could be toxic to aquifer water, which is especially dangerous for people living in the country, and seeing as how a majority of fracking occurs in rural Pennsylvania, this could be quite the problem. However, even with the advent of cars, airplanes, and even pumping oil, there were always problems present that eventually would be worked out, with innovative technology and some good old hard thinking. Though this will be a short post, I wanted to talk about it since Natural Gas seems like a very viable source of energy, that may have a rather large impact on our generations, and our childrens generations, and within my opinion, something I'm not very open to expressing in this blog, I think that all the bad spins of fracking are ridiculous and even though there are dangers involved, isn't that the point of business? Though its not always lives possibly at stake with most businesses, this is still a risk that may be worth it in the long run, so the real question isn't if it's dangerous or not, but rather if Americans can put aside this cushy, overly nerfed world where no one gets hurt, and it rains candy, to allow for technological, and industrial innovation and advancement to work for the better of our society, over individual pleasure, and leisure.
-Jake
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