The Recession Caused By Low Oil Prices

Shale Oil For Centuries

By Guest Column Dr. Benny Peiser—— Bio and Archives--January 8, 2016

Global Warming-Energy-Environment | Comments | Back To Full Article

Thanks to the U.S.-led revolution in fracking, oil is abundant. It will be for decades, if not centuries, because there is shale everywhere in the world. And unlike the megaprojects that have dominated the oil industry over the past several decades, shale can be tapped by smaller companies with less capital.

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