Friday, May 30, 2014

US supporting Ukraine with shale play development


Shale Play Development in the US Poised to Decrease Need for Russia’s Natural Gas Supply  Hydraulic fracturing, or fracking, is an extraction technique for oil and natural gas that has created opportunities for producers in the United States to become major players in world politics. Using vertical rigs, oil and natural gas pockets in shale plays were primarily unrecoverable. With fracking, though, extraction has been so successful in areas such as the Bakken, Eagle Ford and Marcellus Shale regions that the United States has become one of the leading oil and natural gas producers in the world. This has been a critical political factor in the United States as the boom has helped to ease the effects of the recession and start back up the path toward a healthy economy. Most European nations have banned fracking due to concern over environmental concerns that the process could affect water supplies. These bans have created a heavy dependence on the natural gas provided by Russia. With
http://www.shaledirectories.com/blog/us-supporting-ukraine-shale-play-development/

No comments:

Post a Comment