![]() But each gets hyped, and collectively they don't all add up. In all these aspirations there is a bit of truth. We could achieve the Holy Grail of energy independence. We could use exports to punish Russia, while helping our allies in Europe and Asia. We could cut reliance on the Middle East. We could export the gas and oil to make more money, create jobs and boost the economy. ![]() Abundant natural gas could fuel our cars instead of oil, reindustrialize our nation with new steel and plastics factories, and replace coal, reducing our greenhouse gas emissions. This boom of shale gas and shale oil has been hailed as a solution to nearly every energy issue. oil and gas production to make a surprise turnaround. By Russell Gold (Simon & Schuster 366 pages $26)Īfter decades of decline and stagnation, hydraulic fracturing - or simply "fracking" - has enabled U.S. ![]()
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