Fracking is turning the US into a bigger oil producer than Saudi Arabia - Americas - World - The Independent:
"Hector Gallegos sits in the cab of his pick-up enjoying a few hours of calm. A day earlier, workers finished carting off the huge rig that had drilled three new wells beneath this small patch of south Texas farmland and he’s now getting ready to prime them for production. He reckons that about three weeks from now each will be producing 1,000 to 2,000 barrels a day. “That’s money!” he exclaims with a broad smile.
It’s also power, and not in the combustion sense. Thanks to the success of engineers like Mr Gallegos in pushing the frontiers of hydraulic fracturing, or “fracking”, to access reserves of oil trapped in shale formations, notably here in Texas and North Dakota, America is poised to displace Saudi Arabia as the world’s top producer. With that could come a hobbling of Opec and unforeseen shifts in US foreign policy."
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