U.S. fracking bonanza to lift GDP by 1 percent by 2040

(Reuters) – A surge of oil and gas production will drive the U.S. economy 1 percent higher in 2040 than it would have otherwise grown, and energy exports will only stoke the expansion, an independent study on energy policy concluded on Tuesday. New drilling technologies such as ‘fracking’ have unlocked an abundance of fossil fuels… Read more »

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