Of Cheap Oil and Fracking


A new geological survey performed in Texas has revealed the largest oil discovery in US history. An area that encompasses Lubbock and Midland Texas is now estimated to have 20 billion barrels of oil and 1.6 billion barrels of natural gas according to CNN. This discovery of shale oil is 3 times larger than the discovery in North Dakota that lead to the oil boom there that started in 2006 and ended in 2015.

You might think that this discovery is really good news for the United States. But there is one problem.

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