The Street -
6 Nov 2014 00:41
NEW YORK (TheStreet) -- Some investors cite demand as the culprit behind the decline in oil prices while others cite rising supply. Many people are forgetting about fracking. According to Gregory Zuckerman, author of The Frackers, fracking -- or hydraulic fracturing -- has helped lower demand for oil at a time where the U.S. is becoming much more self-sufficient in its energy needs. The country now pumps roughly nine million barrels of oil per day, nearly double the five million barrels per ...
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