This paper is directed towards lawmakers, large domestic energy companies, and community members of widely fracked regions in the United States. It provides a detailed background of the fracking industry, including a discussion of the benefits and consequences of widespread implantation. This debate has been hotly contested as several countries have outlawed fracking altogether whereas others have openly embraced the industry. In addition, I will examine past examples of the effects of single resource industries on local communities. In summary, the fracking industry has greatly transformed what a community means to its residents relative to what it provides them. Due to overreliance on the natural gas industry, fracking towns all over the country will follow a similar future as those of coal towns in Northeastern Pennsylvania where expectations for the future rarely become reality. I believe that fracking should be regulated as to limit its potential for creating serious negative externalities.