Number 17
Fracking
Fracking, the Natural Gas Economy and the Emerging US Industrial Renaissance
Topic
Fracking, also known as hydraulic fracturing, is a natural gas and petroleum extraction technology that is already transforming the energy sector in the United States, and has the potential to fundamentally alter not only the US economy, but also the geopolitical balance of the world in the coming decades. Fracking has become worthy of careful study for two reasons. Firstly, the utilization of this new technology is not only breathing new life into old oil and gas wells which had already capped as depleted wells, but also is opening huge new swaths of the continental United States for profitable oil and gas production from enormous reserves which can now be profitably exploited through the use of fracking technology.
Initial page
24
End page
35
tribuna-17-fracking_James-Levy.pdf
(374 KB)