Wednesday, December 3, 2014

Current Events: Bringing Oil Back to the United States


Currently, the State of Texas alone could shortly be the world’s second largest producer of crude oil and natural gas to Saudi Arabia. Large operations such as Eagle Ford account for over 10 percent of the state’s total economy, and statistics suggest the shale boom is not going to go away any time soon. Unlike other types of mining efforts, U.S. political activists clash over shale mining. Environmental activists are not especially fond of the idea of the amount of water used, and local political activists are especially fond of the prospect of viable jobs in local communities. Lobbyists actively represent enterprises and the idea of domestic oil and gas mining as a solution to the energy crisis and ongoing lack of gainful employment in select (and often remote) geographic areas. Politicians, Activists, Businesses, and Lobbyists All See Dollar Signs In the end, shale mining is highly profitable in the U.S. Billions of dollars are spent on operations, mergers, and new infrastructu
http://www.shaledirectories.com/blog/current-events-bringing-oil-back-united-states/

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