Hydraulic fracturing, aka “fracking,” is a method for recovering oil and gas from unconventional fossil fuel reservoirs. It involves creating fissures in a rock formation in order to stimulate oil or gas movement through a reservoir that may otherwise have been difficult to extract fluids from.
In 2021, household electricity prices rose 8 percent. Electricity price increases accelerated even more in 2022, and have now risen 17 percent since December 2020.
Energy prices are skyrocketing under President Joe Biden’s radical energy and climate agenda.
The Biden administration’s anti-American energy policy is responsible for America sending $74 million per day to Russia for oil imports, an analysis of U.S. Energy Information Administration data show, which is enough money for Russia to buy 20 T-14 tanks every day.
Horizontal drilling combined with fracking-improved production allowed U.S. producers to access large, untapped deposits of shale gas reserves and other unconventional formations that had previously been too difficult to access.