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Guardian: There’s no doubt that US-based fracking – the process through which oil and gas deposits are blasted from shale deposits deep underground – has caused a revolution in worldwide energy supplies.
Yet now the alarm bells are ringing about the financial health of the fracking industry, with talk of a mighty monetary bubble bursting - leading to turmoil on the international markets similar to that in 2008.
In many ways, it’s a straightforward case of supply and demand. Due to the US fracking boom,......
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Plummeting oil price casts shadow over fracking future
Posted by Washington Post: Juliet Eilperin on January 6th, 2015
Posted in Water Conservation