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The Hill | March 13, 2015 | by Thomas Pyle
Smart drilling practices in the United States have without argument, bestowed numerous economic and environmental benefits to our great nation. The innovations of entrepreneurs who have coupled horizontal drilling with hydraulic fracturing have had caused the U.S. to be a world leader in domestic energy production, while ranking number one in oil and gas production.
All energy sources pose a partial risk in production, but science and experience consistently prove that hydraulic fracturing offers a substantial amount of rewards in comparison to the risks. The Colorado Oil and Gas Conservation Commission, for instance, explains, “When properly conducted, modern fracking is a safe, sophisticated, highly engineered and controlled procedure.” Officials from Michigan, California, Pennsylvania, California and elsewhere, including the Obama administration, have reached similar conclusions regarding these fracking facts.
The economic consequences for American families, due to baseless fear-mongering will have serious financial effects. Currently the state New York is feeling those effects, following Governor Cuomo’s recent ban on the well-completion process.
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