Hydraulic fracturing has enabled the production of natural gas from unconventional formations and has become an increasingly important source of domestically produced gas in the United States.
Natural gas is an enormously versatile source of energy and of natural gas liquids that are used to manufacture petrochemicals. Today there is enormous potential to expand natural gas production, which can strengthen our nation’s economic recovery and put people back to work.
The use of hydraulic fracturing to extract natural gas in the Marcellus Shale formation has created tens of thousands of new jobs in Pennsylvania, and additional jobs in neighboring states. All this activity is producing millions of dollars in new tax revenue.
Without hydraulic fracturing, that potential will not be realized, and the nation will not enjoy the tremendous economic and job creation benefits our nation’s abundant supplies of natural gas can provide.
AFPM believes that government policies must encourage the continued investment in new energy development and allow it to proceed efficiently. Hydraulic fracturing is of critical importance to the success of both oil and natural gas production in the United States, and we are committed to ensuring that it will continue to be employed in a safe and responsible manner.
Hydraulic fracturing has been employed in more than one million wells for more than 60 years with a proven track record for safety. Studies by both the U.S. Environmental Protection Agency and the Ground Water Protection Council have attested to the safety of the hydraulic fracturing process.
Letter to the House Committee on Natural Resources in support of Hydraulic Fracturing
American Fuel & Petrochemical Manufacturers
1800 M Street, NW Suite 900 North
Washington, DC 20036