Increased seismic activity in North America and Europe near corridors of hydraulic fracturing has had some worried about the dangers that fracking could be causing. Arkansas even went as far as shutting down fracking in a portion of the state during 2011, after tremors were felt. However, a recent study out of the United Kingdom hopes to dispel some of those worries.
The following video provides an overview of the study’s findings and touches on the opinions of a 20-year Exxon Mobil Corporation (NYSE:XOM) veteran-turned-Tufts-professor on the issue. His view is that the benefits of fracking far outweigh the risks, especially when considering the consequences of higher natural gas prices that could result in a pullback of natural gas production.
Related ticker: Exxon Mobil Corporation (NYSE:XOM)