Why Fracking Won’t Solve the Global Oil and Gas Squeeze

A tsunami of oil and gas from the technique called fracking has made the US the world’s biggest producer of both, giving the country the energy independence its leaders have sought for decades and upending the geopolitics of the world energy trade. Now, with the world crying out for more oil and gas, American frackers are theoretically in a position to provide it. Instead, they are riding the brakes, having changed their business models to focus on generating profits for investors rather than in

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