I think you make good points. I think there should be oversight of drilling operations for the reasons you outlined. But so far there is no evidence that shows properly performed hydraulic fracture operations pose a threat to the water supply. The key is your statement about inherent risks - they are part of nearly all methods of providing sources of energy. The alarmists have nearly killed the nuclear power industry in the United States much to our detriment. Improper operations at nuclear power plants can be catastrophic yet I think the safeguards required by the Nuclear Regulatory Commission are sufficient to make it one of the best methods of generating power. Similar oversight of drilling operations should be enough to protect the environment and people living near the sites while still allowing the energy companies the ability to extract hydrocarbons and make a profit.
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