By Joan Gralla (Reuters) - While Pennsylvania, northwestern Louisiana and gas-rich areas around the Gulf of Mexico are losing jobs and revenue as the fracking industry shrinks after a price collapse, oil-rich North Dakota and Texas are in the midst of a boom. Other winners in the fracking lottery include central and southern Louisiana, Mississippi, Ohio and Wyoming, where the economy is expanding and revenues are climbing.
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Is fracking polluting our drinking water?
Read More »Verenium’s Plan To Clean Up The Fracking Industry–While Still Fracking
The toxic gas extraction isn't going away any time soon, but a new company has developed an enzyme that cleans up at least one of the poisonous problems of the process. There's no denying that hydraulic fracturing ("fracking") is a dirty business. The process can pollute groundwater with toxic chemicals, potentially cause earthquakes, and release methane (a potent greenhouse gas) into the atmosphere.
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