The Beetaloo
Basin has the potential of becoming a major new source of gas supply and could put
Australia on the list of the biggest gas producers in the world. Companies are using the fracking technique to
release gas from the rocks underground. Let’s discuss five topics of fracking
in the Northern Territory:
1. Beetaloo Fracking Creates Jobs
Beetaloo Fracking in Australia has provided thousands of direct jobs because of the industry. The
industry has also created several indirect employment opportunities. With the
increase in production of the Northern Territory natural gas, the number of
people employed in production and delivery activities will rise in the coming
months.
2. Fracking and the Environment
Even though
there are some concerns about environmental contamination with the fracking
process, a correctly implemented well will have minimal issues. Fracking
provides a better alternative to coal, which is one of the most dangerous fuels
on earth today. The fatality rate associated with coal is 1,000 times higher
than that of natural gas.
3. Enhances Access to More Gas and Oil
One of the
advantages of fracking in NT is that it reaches depths that other extraction
methods cannot, thus the mining company can access many more natural deposits
of natural gas and oil. That means we have more gas for our cars, heating, and
cooking, and this gives us the advantage of using fossil fuels for longer
before we find a viable alternative.
4. No More Relying on Foreign Countries
Energy problems
have complicated the politics of the world. The fact that fossil fuels are not
distributed evenly all around the world creates conflict between influential
countries. Beetaloo Fracking allows Australia to produce its own natural gas.
Beetaloo Fracking is worth 9 Billion Australian Dollars.
5. It Does Not Affect Groundwater
The fracking
process happens underneath the groundwater table, and a liner is placed in the
well to prevent leaking or seepage. Therefore, local water supplies are not
contaminated. Many fracking operations take place over 2,000 feet below the
groundwater tables.
