…”Some 400 rigs, a quarter of the nationwide total, are now drilling in the region. Shepperd said the industry is spending $1 billion a month here drilling wells. And the only way he said it makes economic sense is if oil prices don’t slide.” …
… “Each well drilled using hydraulic fracturing, or fracking, can use several million gallons of water over days or weeks. The water is mixed with sand and chemicals, then sent deep underground at high pressure to fracture the shale rock formations, forcing out the oil trapped there.” …
Read the complete article from StateImpact as reported by Dave Fehling
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