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There are plenty of issues with fracking, and many different ways well water can become contaminated, your just not aware of them.
Personally, I would let any company come on my land and set up fracking wells. That said.... if I did that, I would also move and just cash my checks from the gas companies. But..... I wouldn't want to live there.
All I can tell you is that I live in east Texas, where fracking has been going on all over the place for the past fifty years. Zero issues - zero - with anything. No damage to the water supply, no damage to housing or the housing market, no ill effects whatsoever. It has, however, been very good for our local economy.
My husband is currently working up in the Marcellas Shale in West VA and PA and they have begun fracking operations up there. Oh my gosh, entire coal communities were up in arms, protesting, tying themselves to fences, blocking roads and access to locations, filing lawsuits saying their water was contaminated, getting the local media involved, etc etc.
Not a single lawsuit was ever found to have a bit of merit. No damage to anyone's water or property. Meanwhile, job opportunities and money are both coming to communities which have been in a terrible recession for years.
All I can tell you is that I live in east Texas, where fracking has been going on all over the place for the past fifty years. Zero issues - zero - with anything. No damage to the water supply, no damage to housing or the housing market, no ill effects whatsoever.
Without going into a long rant, I will simply say you are incorrect.
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
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The real cost to homeowners from fracking will be higher electric bills. As the cost of natural gas is reduced or stabilized, people switch to more gas appliances and the electric providers see their revenue drop, and will raise their rates to maintain their budgets.
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