Within the oil industry, the idea of maximizing profits has always been contemplated, and now that oil prices have started to rise again, the idea of exploiting some oil fields in the United States of America by means of fracking completion techniques is being considered. Although it is true that under traditional exploitation techniques oil can be produced from many of these fields, it is only with fracking that the greatest profits can be obtained.
The other factor to consider in the use of the fracking technique is that as oil prices have surpassed US$ 80 per barrel, a faster production method is needed to take advantage of the market for the duration of these oil prices.
It is important to mention that it is at the depth of the Permian where the highest concentration of hydrocarbons in the United States would be, so the technique they have planned to exploit in the Permian is fracking, however we cannot lose sight of the social reactions due to the environmental deterioration that may result from the exploitation of hydrocarbons by the application of the fracking method.
Let's wait and see how everything happens, especially taking into account that for the application of fracking a large amount of resources such as water, chemicals that are pumped at high pressure so that the rock can be fractured and oil can be produced, this method has already had high negative repercussions in the past, so surely we will be able to see similar reactions for this time.