CHINA STILL CAN’T FRACK: “Beijing lays claim to the world’s largest shale gas reserves and third-largest shale oil reserves. Yet, as countries like Poland, Lithuania, Romania, South Africa, and the UK are all learning, simply possessing the resource isn’t enough. The American energy renaissance has not come gift-wrapped; rather it has been a product of a great number of favorable factors and innovative efforts.” It’s been so powerful that even Obama hasn’t been able to kill it.
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