How Fracking Changed the Economics of Oil Production Around the World

DeSmogBlog
By GuestSep 7, 2015, 3:01 am110 pts
James Meadway, chief economist at the New Economics Foundation, explains the interrelated economics behind China’s 'Black Monday' stock market crash, Middle Eastern oil and US fracking. The 'fracking revolution' has transformed the economics of oil production globally, with the US becoming a bigger producer…

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