Abstract:During the twentieth and twenty-first centuries, the oil industry has been pivotal in influencing all countries’ geopolitical, economic, and human development strategies. Until recently, the debate was about peak oil and what would happen after oil finished. However, due to technological advances and hydraulic fracturing, shale oil formations have become economically viable due to the United States’ desire to achieve energy security to make a qualitative shift in the oil industry and the geopolitics of oil. Th… Show more
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