Fracking: The New Global Water Crisis
New drilling and fracking techniques have been a boon for the oil and gas industry in the United States, making it possible for companies to extract large quantities of oil and gas from shales and other “tight” rock formations. However, shale development has been a nightmare for those exposed to the resulting pollution.
Taken together, spills of toxic fracking fluid and fracking wastewater, groundwater, contamination from methane and fracking fluid, local and regional air pollution problems, explosions and fires, and climate-threatening levels of methane emissions demonstrate the shortsightedness of relying on the dirty energy from shale development.
Yes the oil and gas industry is poised to take the modern drilling and fracking nightmare global. International private and state-owned oil and gas companies from around the world are partnering with U.S. companies to gain drilling and fracking expertise, and new international shale “plays” are being targeted.