Related Articles
Forward article link
Share PDF with colleagues

Regulation: an acceptable cost for frackers

Fracking companies must accept their environmental responsibilities if the world is to reap the benefits of shale-gas development

RECENT advances in hydraulic fracturing (fracking) technologies and techniques promise to unlock vast reserves of natural gas. Additional shale-gas supply will reduce energy costs, carbon emissions and, for many countries, dependence on foreign energy producers. Not surprisingly, fracking is now subject to massive media and political attention. Unfortunately, that interest is mostly negative: there's a risk and perception that fracking threatens to deplete and pollute water supplies. Fracking can affect freshwater in four ways. First, fracking injects a large volume of water underground; this water has to come from somewhere. Second, chemicals mixed with water before it's injected pollute

Also in this section
Latest licensing rounds
21 September 2016
The industry's most comprehensive list of current and recent rounds for onshore and offshore licenses
Iranian oil-output is surging, for now
20 September 2016
The scale of Iran's oil-output growth this year has been startling. Without IOCs, longer-term plans will prove more difficult
The oil world's most difficult job
19 September 2016
NOC’s chairman fears a disaster if his company is dragged into the war for Libya’s oil