The US has been one of the top consumers of in the world oil and gas for several decades. In 2017, the country consumed an average of 19.96 million barrels of oil per day, according to the US Energy Information Administration (EIA).
Our dependence on oil and gas from other countries has correlated with our foreign policy. Since the Trump Team backed out of the ridiculous and anti-Democratic Iran nuclear deal in May of 2018, there has been a lot of talk about energy security. And thanks to fracking, we may be getting it right.
What is Fracking
Fracking refers to a process of harvesting oil and gas from wells. The practice has been around since the 1940s, but it has gained a lot of popularity in the past few years because it is profitable now and because it has changed the world wide energy landscape. Fracking involves pumping water, chemicals, and sand into wells that contain oil and gas reserves.
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