ExxonMobil to employ new fracing technology to double oil production from shale wells

There is still plenty of room at the bottom of shale. I hear a lot of voices that shale is a dead technology and that it’s on its way out. Just like climate alarmists, they always get it wrong. Innovation, industrial application of what we know as well as constant drilling beat old oil any day, and considering that shale is a resource that never stops giving, there is no end to the US shale miracle. Does anyone remember the pre-shale days? When sky-high prices were the norm. Today’s industrial revival in North America comes mostly due to cheap and reliable energy. 

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