The oil industry says the shale revolution is a bridge, one that will carry America to a future of 100% renewable energy. But fracking has significant negative environmental effects, and opponents say it actually increases US dependence on oil, further slowing the fight against global warming.
US shale boom
Latest in US shale boom
Oil
US briefly overtakes Saudi Arabia as world’s biggest oil exporter
Saudis reclaim the top exporter’s spot in July and August as hurricanes disrupted US production – IEA
Khalid Al Falih
Revealed: the challenge facing OPEC in 2020 and beyond
OPEC estimates that it is producing about 560,000 barrels a day more than will be needed next year
Amin Nasser
Saudi Aramco said to mull US shale investment with Equinor
Sources say Aramco is considering investing in Equinor’s Marcellus shale operations through a joint venture or by buying a stake
gasoline
US set to overtake Saudi Arabia as the world’s biggest energy exporter
The rise in the shale production will see the US topple the kingdom for the first time since the 1950s
ADNOC
Bringing the shale revolution to the Middle East
Ahmed Kenawi, senior vice president of the MENA region for oil services giant Halliburton, shares the company’s plans to bring the shale revolution to the Middle East and the technology that will make that happen