Fracking Essay Example | Topics and Well Written Essays - 2000 words - 1

Fracking - Essay ExampleProponents of fracking, on the other hand, believe that fracking promotes the economy and that the regulations on trafficking are overflowing to meet the concerns over fracking. This research essay will analyze the positive and negative political, social, economic and environmental effects of fracking.US has unlimited exports of gas in particular in Ohio, Colorado and Pennsylvania, which have a number of implications to the economy. The gas producing states have experienced benefits associated with fracking that include lease payments, cheap energy, jobs and royalty checks. The gas industry has showed a revolutionary potential through creation of energy markets globally. There is high rise in demand for the natural gas prices in the international markets hobby the rising demands on the use of natural gas as an alternative form of energy. Fracking has brought more benefits to the concerned states. In Ohio, the states economy has benefited from fracking for umpteen areas in the form of include taxation among other associated benefits. Additionally, fracking has increased the availability of jobs research shows that Ohio counties jobs are found in fracking major industries and such jobs include melodic line constructions and drilling, which contribute to 15.5% total employment opportunities in the country.Pennsylvania and Colorados economies have benefitted from fracking. Part of their economy is attributed to gas drilling, which earns the states a lot of revenues necessary for the ripening of other economic sectors. Unemployment sector has also benefited from the creation of jobs opportunities. Additionally, shale gas opportunities have increased and today, the state of Ohio, Pennsylvania and Colorado has registered the millions of money resulting from the gas drilled from the lands that the citizens lease. more Americans have leased their lands to the gas extracting industries which in turn earns them more money