US EditionFracking: From the Texas Boom to Argentina's New Promise by Palermo Aike - Economic Scenarios
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Fracking: From the Texas Boom to Argentina's New Promise by Palermo Aike - Economic Scenarios
Over the past 12 years, the fracking and shale oil industry has boomed in Texas and New Mexico , turning these two US states into the heart of a revolution that has shaken up the global oil market and become a nightmare for OPEC. However, the prospects for oil in Texas and New Mexico are limited: reserves are rapidly depleting and the quality of the crude extracted is declining, with more water than oil. Thousands of kilometers away, 9,760 km to…
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