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Harvard Study: Shale Drilling Means Oil Prices Heading Lower | Marcellus Drilling News
A Harvard University study published in June takes a look at oil and makes the bold prediction that world oil prices will go down, substantially, by 2020. Why? You guessed it—the miracle of hydraulic fracturing of shale, particularly in the U.S. The study, titled “Oil: The Next Revolution - The Unprecedented Upsurge of Oil Production