While Shale Gas extraction continues unabated in the USA leading to a massive oversupply and a price crash in natural gas, the environmental dangers continue to be overlooked. Note a number of investigations have been launched by EPA and others into the potential dangers of Shale Gas. The process of Hydraulic Fracking which involves pushing […]

The dangers of Hydraulic Fracking which is used to extract Shale Gas has become one of the biggest environmental issues for Big Oil and Gas companies.Shale Gas Extraction has seen doubts being raised against its Environmental Safety Record.This new form of Fossil Fuel Extraction has seen a Gold Rush from Global Oil and Gas Majors looking to tap into this major new Energy Form.In the initial helter-skelter,environmental norms have been bypassed.The controversial Fracking Process leads to chemical contamination of water bodies leading to disease and sickness among local animals and humans.Shale Gas Companies and Local Officials have also been accused of conniving to break regulations and laws regarding water usage.The use of new techniques to extract gas from shale formations has gained huge traction in the United State with major companies like Chevron,Exxon spending billions of dollars to acquire companies with shale gas assets and technology.Indian and Chinese companies like Reliance too have spent their billions to gain a slice of the lucrative new Gas pie.However the environmental dangers of using fracking has kept cropping up despite efforts by Big Oil and Gas to suppress.