What has brought about what some experts are calling a new era of oil and natural gas production in the United States?
A) Higher market prices for oil
B) More efficient distribution systems
C) The development of shale oil extraction technologies
D) The discovery of new oil sands
E) The increasing use of horizontal drilling and hydraulic fracturing

Question

Quizplus · Accepted Answer

The increasing use of horizontal drilling and hydraulic fracturing, also known as fracking, has allowed for the extraction of previously inaccessible shale oil and natural gas reserves, leading to a new era of production in the United States. Higher market prices and more efficient distribution systems may contribute to the profitability and ease of extraction, but they are not the primary drivers of the increased production. The discovery of new oil sands may be a factor in other countries, but it is not a significant factor in the United States.

What Has Brought About What Some Experts Are Calling a New