Hydro Fracking: What Are the Issues? Is There a Fix to the Fights Over Shale Oil and Hydraulic Fracturing?


Bill Allen, Chief Executive Officer and President, Los Angeles County Economic Development Corporation
Dean Wiberg, Manager, Commercial Technology Partnerships Office, NASA's Jet Propulsion Laboratory
Dennis Luna, Managing Partner, Luna & Glushon
Peter Bryant, Senior Fellow and Honorary Co-Founder, Kellogg Innovation Network
Catherine Reheis-Boyd, President, Western States Petroleum Association
Andy Ridge, Executive Director, Water Policy Branch, Alberta Environment and Sustainable Resource Development
Donald Paul, Executive Director, University of Southern California Energy Institute

Although often overlooked, the oil industry’s cyclical nature perpetually returns oil to a lower price. New sources of fossil fuel have already been tapped through fracking—a technology that continues to make available abundant reserves of natural gas in the United States. However what are some of the environmental and economic shortcomings of fracking? Where does California stand, keeping in mind that two counties have banned it outright, but also that fracking in California would likely lead to huge new oil and gas production with impacts on jobs, taxes, and investment creation opportunities?


Hydro Fracking: What are the issues? Is there a Fix to the Fights Over Shale Oil and Hydraulic Fracturing?