Putin Says Fracking is ‘Barbaric’, ‘It Destroys the Environment’
- Output increases in the Permian Basin of Texas, as well as other major formations, have helped the U.S. become the world’s largest producer of oil.
- Earlier this week, the U.S. Energy Information Administration (EIA) said in a monthly forecast that U.S. crude oil output from seven shale formations was projected to rise to a record high of 9.13 million barrels per day in December.
Putin Says Fracking is ‘Barbaric’, ‘It Destroys the Environment’
Source: RI