Sentences with phrase «fracking technology now»
Fracking technology now allows for horizontal drilling with preexisting wells which do not require new capital investment for greater production.
https://www.cnbc.com/ Not exact matches
Now, it is suddenly plentiful and relatively cheap in the U.S. due to hydraulic fracturing technology, or fracking, a process that has unlocked natural gas from massive shale formations, driving prices down.
Most significantly, a growing number of environmentalists now make arguments in favour of nuclear power, GM technology and even fracking, and have questioned the policies designed to protect the climate and natural environment.
says new Russian fields that are now viable have come online because of fracking technology.
Fossil Free Indexes» Oil and Gas Analyst says new Russian fields that are now viable have come online because of fracking technology.
Fracking, or Fracing as the oil and gas industry ungrammatically spells it, is short for hydraulic fracturing, and the technology is now being used extensively to extract shale gas, by pumping liquids at high pressure into the rock, creating and expanding fissures.
What I will say though is that while job creation is a noble goal, creating jobs that support the development of technologies that are just socially and environmentally destructive in the long run, as fracking clearly has the potential to be, is just the same sort of short - term thinking that got us into the economic mess we're in right now.
Correct, as far as I know, fracking is a target because the amount drilling that will now take place as a result of the technology making the extraction price profitable.