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| Report for API quantifies new technologies’ 2013 US economic http://www.epgeology.com/news-f37/report-for-api-quantifies-new-technologies-2013-economic-t5473.html |
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| Author: | NewsPoster [ Fri Oct 31, 2014 8:53 pm ] |
| Post subject: | Report for API quantifies new technologies’ 2013 US economic |
OGJ Production News Innovations in hydraulic fracturing and horizontal drilling that have driven the energy renaissance in the US were responsible for about 48% of the nation’s crude oil production and shaved as much as 94¢/gal off of fuel prices in 2013, according to a recent report commissioned by the American Petroleum Institute. Read more |
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