Over the past decade, the oil and gas industry has fused two technologies—hydraulic fracturing and horizontal drilling—to unlock new supplies
of fossil fuels in underground rock formations across the United States. “Fracking” has spread rapidly, leaving a trail of contaminated water, polluted air, and marred landscapes in its wake. In fact, a growing body of data indicates that fracking is an environmental and public health disaster in the making.
However, the true toll of fracking does not end there. Fracking’s negative impacts on our environment and health come with heavy “dollars and cents” costs as well. In this report, we document those costs—ranging from cleaning up contaminated water to repairing ruined roads and beyond. Many of these costs are likely to be borne by the public, rather than the oil and gas industry.
As with the damage done by previous extractive booms, the public may experience these costs for decades to come.
The case against fracking is compelling based on its damage to the environment and our health alone. To the extent that fracking does take place, the least the public can expect is for the oil and gas industry to be held accountable for the damage it causes. Such accountability must include up-front financial assurances sufficient to ensure that the harms caused by fracking are fully redressed.
Download and read the rest of the report below in PDF format