While hydraulic fracking has been around for many decades now, the past couple of years have seen quite a few more oil and gas companies using the technique, and this has created something of a “shale renaissance”. Many states, including Texas and Pennsylvania, have been at the forefront of fracking. The addition of shale has provided quite a few benefits to the United States, and we will examine those benefits here to see just why it is so important to continue.
A Secure Supply of Energy
The supply of energy that the United States was producing for many years simply was not as much as most would have liked. It caused the US to become very dependent on foreign nations for the energy we needed, and that had the potential to put the country at a severe disadvantage when it came to energy security. If countries decided that they wanted to increase the price of oil, or that they did not want to sell oil to the United States, it could cause a disaster and a gas crisis the likes of which the country hasn’t seen in nearly forty years. By producing natural gas domestically, it negates this possibility.
Great for the Economy
Another one of the great things about shale gas is that it can have a very positive impact on the economy overall, and in a number of ways. For starters, the industry is actually able to provide a number of jobs around the country. These are jobs at the fields where they produce the gas, as well as jobs in the ancillary industries associated with the gas industry. Additionally, an increase in the amount of gas and oil that the country has helps to keep the prices at a normal and affordable level. Lower prices keep money in the pockets of customers, who can then turn around and spend it elsewhere in the economy.
You will also find that natural gas happens to be the cleanest type of fossil fuel to burn, and this can reduce the negative effects of fossil fuel on the environment. Shale gas is very close to natural gas, and it is a much better alternative than coal.
These are just some of the best reasons for the nation to embrace and to use shale gas. Keep an eye on the developments in this industry to learn more about the benefits if can offer.
About Oil Works Inc.
Oil Works, Inc. is a complete drilling rig equipment manufacturer and service provider based in the Permian Basin for over 20 years. OWI’s product and service offerings include Derricks, Substructures, Drawworks Manufacturing, Mud Systems, Rig Walking Systems, Power Generation, Control Systems, Iron Roughneck Services and complete Rig Solutions built to API and ISO standards. OWI is also proud to offer 24/7 Service and Support.