South African fracking back in play

South African fracking back in play

The Iran war and its impact on oil and natural gas prices has put fracking back in play. In 2011, the government imposed a ban on hydraulic fracturing in the Karoo. The government banned hydraulic fracturing so that it could develop a regulatory framework. Fracking involves drilling deep into the earth and injecting a high-pressure mixture of water, sand and chemicals to fracture shale rock and release trapped natural gas. Opponents believe that…