The Shale Boom and the Likely Shift in the Global Balance of Power
The shale boom will primarily benefit democratic countries such as the United States, which has large shale reserves. Europe has been slower to adopt the processes needed to extract oil and gas from shale economically. Overview Oil shale is a sedimentary rock that contains kerogen, a mixture of organic compounds from which oil can be extracted. Hydraulic fracturing, or fracking, is the...
read more