In the early 2000s, a revolution was unfolding in the energy industry. Technological advancements in horizontal drilling and hydraulic fracturing had unlocked vast reserves of oil and natural gas trapped in shale rock formations deep beneath the earth's surface. The U.S. was sitting on top of one of the largest shale deposits in the world, known as the Permian Basin, which spans parts of Texas and New Mexico.
As companies began to explore and drill in this region, they discovered that there were immense amounts of oil and gas waiting to be extracted.…How U.S. Shale Changed The Face Of Global Politics
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