Follow me on Twitter: @JohnHQuigley

Thursday, November 13, 2014

Support for fracking waning?

A new survey by the Pew Research Center finds that more Americans oppose hydraulic fracturing than support it.

The Pew post-election poll found that Americans oppose fracking by a margin of 47 percent to 41 percent - a turnaround in public opinion from March 2013, when more Americans (48 percent) favored expanded use of fracking than opposed (38 percent).

Surely, the unanswered questions on the impact of fracking on public health and climate disruption, and lack of transparency on chemical use and waste disposal, and general lack of confidence in regulation of the practice all played a role in this turnaround. 

One consequence of all of this is a growing movement to ban fracking locally, and to crowdsource oversight and monitoring of the industry. Clearly, the oil and gas industry's social license to operate is seriously fraying. 

Strong regulation of unconventional oil and gas development has been recognized as the key to economic growth. As current trends show, it's also the key to the industry's survival.

No comments:

Post a Comment