Fracking

Overview & Synopsis

The book addresses the controversial topic of oil and gas production through hydraulic fracturing (fracking), criticized by some for its environmental impact and praised by others as an alternative to the scarcity of fossil fuels for fuel production. The complex and thorny task of presenting the technology without taking sides is undertaken by the authors in seven chapters. The first two cover the historical aspects of fracking and its essential technological features. Chapters three and four offer an overview of the technology's economic aspects, beginning with its boom and discussing its cost and profitability. Chapter five is of particular interest as it examines the experiences of three Latin American oil-producing countries: Mexico, Argentina, and Brazil. Chapters six and seven focus on the environmental aspects, and finally, a balance is struck between the pros and cons of the technology. As with any rapidly evolving issue, and considering the time frame in which such material is edited and published, it is evident that the authors' approach does not take into account aspects of the ever-changing reality in the oil industry. It is also possible to disagree with some points of view, but what is undeniable is that material is presented that cannot be ignored.