RE: Fracking has universally been credited with lowering US gas
Posted on: May 4, 2021 at 15:48:07 CT
MOCO SON MU
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Fracture treatment of shale reservoirs during the early 2000's led to an increased domestic supply of crude oil. OPEC wanted to continue to export in an attempt to starve out domestic shale producers. As always, it's all about the supply of crude oil!