Go Symbol Lookup
Loading...

CNBC Poll: Is Shale-Gas Fracking Environmentally Safe?

 Text Size  
Published: Wednesday, 20 Jun 2012 | 9:32 AM ET
By: CNBC.com

In virtually every corner of the country, shale-gas formations are being tapped, thanks to new technology.

With that technology, the U.S. has much more accessible natural gas than many ever imagined.

But the technology involves fracturing, or fracking, rock formations and injecting massive amounts of water to suck out the natural gas.

No one disputes that the waste water unleashed is environmentally unfriendly, but proponents argue that with the right collection and treatment setup, the water can be rendered harmless, and even be made drinkable again.

Opponents say contamination of ground water is inevitable, and some have even gone so far as to approve fracking bans.

What do you think?

 Print
Proponents say proper technology for fracking is already in place, but opponents worry about water contamination. What do you think?

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Energy

  • Brent crude plunged in the wake of U.S. jobs data that fanned new concerns about demand.

  • Heat rises from stacks at the Chevron refinery in Richmond, California.

    The U.S. is vastly increasing its production and replacing OPEC crude with that from oil sands in Canada, adding urgency to Saudi Arabia's efforts to invest in a Texas refinery, The New York Times reports.

  • CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.