Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, February 1, 2012

Frack Boom Could Finally Cap Peak Oil Myth

Frack Boom Could Finally Cap Peak Oil Myth

Peter Orszag, Bloomberg
The U.S. oil market could be on the verge of its own fracking revolution, similar to what the natural-gas market is already experiencing. As a result, domestic production is now projected to rise significantly over the coming decades, reducing the relative share of imports in U.S. oil consumption. . .

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