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How farming and fracking changed the US oil industry

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Feb 09, 2018 at 01:56 PM CST
https://www.rte.ie/eile/brainstorm/2018/0208/939277-how-farming-and-fracking-changed-the-us-oil-industry/ The modern history of the United States is inextricably linked with oil and the Middle East, but this is rapidly changing. This week, the US hit a near 50-year high in domestic oil production , further reducing its reliance on OPEC , and now looks instead to Canada for the bulk of its oil imports. While future oil trends are impossible to predict, historic oil consumption patterns leave fingerprints in the economy that can be traced to significant events. This is the story of two such events: how farming and fracking have changed the face of US oil.

Feb 09, 2018 at 01:56 PM CST