Parkingston, G. (2014, November 21). Fracking In US Is Biggest Red Herring In The

History Of Oil. Retrieved November 24, 2014, from

http://cleantechnica.com/2014/11/21/fracking-us-biggest-red-herring-history-oil/

It is clear that the even more pertinent issue, beyond disagreement between environmentalists and oil companies, is the environmental impact that it is an inevitable effect from any kind of high powered oil drilling. UK Investor Jeremy Grantham studied the US fracking industry, and ultimately proved its unsustainable nature. He explains the economic discrepancies, citing the corrolation of lack of oil and oil prices. Toward the end, he emphasises the need for sustainable fossil fuel alternatives.

This article shows the environmental significance fracking plays in our modern world. It poses threats worldwide. Moreover, it is unsustainable. This is evident in the constant changing of gas prices-basic supply and demand. Obviously, there is an extremely high demand for oil 24/7, but the issue is that there is a finite amount of oil. We are now looking into alternatives, sustainable and affordable ones. However, this transition from fossil fuels is intricate and requires manpower, resources, and money.