The Effect Of Fracking On The United States Economy And...

Greed is a bottomless pit which exhausts the person in an endless effort to satisfy the need without ever reaching satisfaction (Erich Fromm). Introduction Fracking is a complex political topic; nonetheless, fracking is showing a positive impact on the United States economy and leaving a harmful footprint behind the environment. In addition, consumers are experiencing a significant amount of savings due to the overwhelming supplies of oil; thus, the revolution in new technology is triggering an improper fracking system that contributes to airborne pollution and water contamination. Higher authorities should implement the concepts of sustainability and ethical views of large corporations and businesses to protect the consumer’s safety. Political Views Oil suppliers dig deep down to the roots to analyze and derive concrete solutions to carry on the rising market. The force of fracking in the United States is lifting the economy; the system has been a political game changer for the nation, creating job opportunities and investing money into the community. The United States is currently capable of competing with the global marketplaces at a high rate. This coordination leads to knowledge for on-shoring manufacturing, which eliminates the dependency on foreign oil. This significant groundwork is driving opportunities for innovators. The abundant supply of oil and the inexpensive cost leads to cheaper energy for consumers (Dews, 2015). Along with the low price for refineries,Show MoreRelatedFormula For Success : Rise Early, Work Hard, Strike Oil ( J. Paul Getty ) Essay1654 Words   |  7 Pagessuccess: rise early, work hard, strike oil (J. Paul Getty). Introduction Fracking is a complex political topic, nonetheless, is showing a positive impact to the United States economy and leaving a negative footprint behind on the environment. In addition, consumers are experiencing a significant amount of profit due to the overwhelming supplies of oil, thus, the revolution in new technology is triggering an improper fracking system. This concept centrals to airborne pollution and water contamination