Home › Shale drives uncertain new geoeconomics of oil
 

Keywords :   


Shale drives uncertain new geoeconomics of oil

2015-10-09 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: The emergence of fracking has modified the global market for fossil fuels. But the plunge in oil prices has diluted the effect, in a struggle that experts in the United States believe conventional producers could win in the next decade. The U.S. oil industry had peaked - when the discovery of new deposits and output from existing wells begins to fall - which made the country more dependent on imports. But the equation was turned around thanks to the new technique."The bubble won't explode, but...

Tags: oil drives uncertain shale

Category:Electronics and Electrical

Latest from this category

All news
»
05.10Hurricane Kirk Graphics
05.10Hurricane Kirk Forecast Discussion Number 24
05.10Hurricane Kirk Wind Speed Probabilities Number 24
05.10Hurricane Kirk Forecast Advisory Number 24
05.10Hurricane Kirk Public Advisory Number 24
05.10Summary for Hurricane Kirk (AT2/AL122024)
05.10Hurricane Leslie Graphics
05.10Hurricane Leslie Forecast Discussion Number 12
More »