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Friday, June 24, 2016

What America Thinks: To Frack or Not to Frack?

A federal judge this week struck down the Obama administration’s regulations on hydraulic fracturing, or fracking. Forty-nine percent (49%) of U.S. voters favor fracking, a process that includes pumping high volumes of water, sand and chemicals into the ground to exploit shale oil resources. But environmentalists don't like it, and support is down from 57% four years ago. Fifty-six percent (56%), however, think it’s possible to develop shale oil reserves in the United States while still protecting the environment. Nearly two-thirds think the development of shale oil reserves would end U.S. dependence on foreign oil.

Fracking has driven gas prices down around the country, though that may be short-lived: 80% of Americans expect to be paying more for a gallon of gas six months from now.