Weekly column by Barbara Hirsch
Steadily increasing attention on fracking, and regulation thereof, can ONLY be a good thing. This “less conventional” method and associated ones for extracting oil and natural gas was employed for many years with little notice. In the last 15 years, the amount of gas obtained here in the U.S. from fracking has gone from 1% to 25%, much higher by some estimates. Of oil, the increase has been similarly astronomic. The coming election will see initiatives around the country to regulate these methods, including Measure P in Santa Barbara.
Arguments in favor of these methods are energy independence and jobs/economy. However, the funders of the campaigns for fracking are primarily oil/energy companies, not citizens. it is clear that profits are the first and foremost argument in favor, unless you believe these companies are working above all for the greater good.