shale

Until now, an ever-growing supply of natural gas unleashed by the shale boom has more than absorbed domestic and foreign demand.

The industry’s head count has never come close to making a full recovery, as U.S. shale companies have found ways to pump more oil with fewer people.

Saudi Arabia was one of America’s top crude suppliers before the shale boom eroded U.S. dependence on foreign oil.

To improve their odds, Russian majors planned to tap shale formations in Siberia using techniques developed in Texas and North Dakota but the war prevented them.

The government says it plans to pass legislation to permanently ban fracking for shale gas in England.