Fracking
Subtitle: America's alternative energy revolution
By: John H. Graves, ChFC, CLU
Edition: First edition.
Publisher: Safe Harbor International Publishing
Published: 2012
Place of publication: Ventura, CA
Language: eng
Number of pages: 320
ISBN-13: 9780983573104
Copyright date: 2012
Subjects: Hydraulic fracturing; Oil wells; Gas wells
Description: Hear and see the exciting story of Jake and his frack crew as they explore America's shale fields. Hydraulic fracturing of the deep rock beneath our feet is revolutionizing energy production, power generation and global energy demand. This is the story of the unconventional development of shale oil and gas deposits across the nation. This revolution has already reduced greenhouse gases by more than 450 million tons since 2005 through the substitution of natural gas for coal in electricity generation. Fracking has created nearly two million highly paid jobs, with the expectation of three million more by 2020. State and federal tax revenues from hydraulic fracturing have grown to $85 billion in 2012, with the expectation to expand through $1 trillion by 2035. Fracking now represents more than 3% of the nation's GDP, putting America on the road towards energy independence as crude oil imports have dropped by more than 40%. Learn the frack story -- the strengths and challenges this new world of energy presents to each of us.
Notes: Includes bibliographical references (pages 279-288) and index.
Table of contents: title: U.S. energy; title: Our national energy resources history; title: Global demand for energy; title: U.S. energy source plays; title: Fracing: Hydraulic fracturing; title: Opportuities at the local level; title: World of alternative energy: Oil, gas, nukes and more; title: Elements of portfolio design; title: Market challenges; title: Public awareness challenges; title: Energy independence.