Can Fracking Succeed Outside the US?
The shale gas industry is revitalizing manufacturing and driving economic growth in the US. In 2014, attention is turning to other economies. Interest is strong in Europe, where energy prices remain high, and in China, which has become the world’s largest oil importer. However, many problems must be overcome for fracking to become a viable energy alternative, and shale is unlikely to be an option on a global scale in the short-term.
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