The biggest fear for the American public surrounding hydraulic fracturing is the potential for fracking fluids to contaminate drinking-water sources. Based on a recent U.S. Geological Survey study, though, some of those concerns may not be as warranted as originally thought. Over a one-year period, the study found no change in indicator contaminant levels from a random sampling of wells in the Fayetteville shale play.
Oil and gas drillers in the U.S. will boast about news like this, but hydraulic fracturing isn't quite out of the woods yet. In this video, Fool.com contributor Tyler Crowe discusses some of the other hurdles fracking will face and suggests some companies that are pioneering ways to deal with it.
The oil and gas industry can be played in several different ways, but some companies emerge no matter what the investing thesis. Halliburton, one of the top companies in the business, certainly fits this mold. To access The Motley Fool's new premium research report on this industry stalwart, simply click here now and learn everything you need to know about how Halliburton is positioning itself both at home and abroad.