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End of Fracking Revolution May Be Very Near
The recent drop in oil prices is not likely temporary, as indicated in this article. That's because the real target of OPEC is widespread fracking operations in North America and elsewhere, which OPEC appears to regard as enough of a threat to the oil industry to require drastically lowering oil prices over the long term, and this will kill the fracking industry, a development to be seen as good news to those who believe fracking is a threat to the environment:
Continue reading “Owl: Saudis Killing Fracking – No Floor Price in Sight for Oil”