RE: World energy outlook: Has fracking contributed to low petroleum prices?
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Good to know about the fracking technique and it seems a new form of extraction of oil and gas. Currently, oil prices are very high here in my country India. If this technique contribute for lower petroleum prices then it must be used. Nice post.
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Practically, fracking has caused oil prices to go down because this practice produces a very large volume of oil, and if the supply of oil exceeds the demand for oil then prices go down, suddenly in India they buy expensive oil, but that depends on the oil market they buy it from.
Greetings friend and thanks for your timely comment.