Fracking: Assessing The Price Of Energy Independence

One of the more transformative technologies of this century is that of fracking. In just a little more than two decades the use of this oil drilling and recovery technique has had a significant impact. Fracking has reordered the players in the energy business, changed the financial dynamics of that industry, and presents the U.S. with the totally unanticipated opportunity for generating all its own energy needs internally. At the same time, this use of horizontal drilling and high-pressure water to fracture sub-surface rock formations is raising alarms in many environmental circles.