Hydraulic Fracturing Uses Way Too Much Water
Droughts made headlines throughout 2012 due to their harmful affects on our nation's food supply, but privation wasn't the only drag on our fresh water sources. A recent study shows that oil and natural gas fracking has placed great stress on available fresh water in areas around the country by taking up measurable amounts of the resource. In some instances in Texas, fracking staked its claim to 20% of total water usage in the regions surrounding production areas.
Reading that astonishing fact clears up any doubt as to why Texas now mandates the recycling of water used in the fracking process. If we plan on becoming more energy independent through increased production of domestic oil and natural gas, then something will most likely be done at the federal level as well. Which companies stand to benefit? Check out Motley Fool analyst Taylor Muckerman's video below.
Despite this, natural gas still has a great chance at revolutionizing the clean energy movement. This trend toward alternative energy is gaining momentum. One potential opportunity in this field is Clean Energy Fuels, which focuses its natural gas efforts primarily on trucking and fleets. It's poised to make a big impact on an essential industry. Learn everything you need to know about Clean Energy Fuels in The Motley Fool's premium research report on the company. Just click here now to claim your copy today.
The article Hydraulic Fracturing Uses Way Too Much Water originally appeared on Fool.com.Taylor Muckerman has no position in any stocks mentioned. The Motley Fool owns shares of Clean Harbors and Heckmann and has the following options: Long Jan 2014 $4 Calls on Heckmann and Short Jan 2014 $3 Puts on Heckmann. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.