Horizontal drilling and hydraulic fracking have changed the prospects of the oil industry from an industry facing production shortages to one facing surpluses. To date the United States has been the only country to embrace these new technologies. It is widely believed that many other countries have formations and basins that would be productive using these new technologies. Look up a couple of articles and list your opinions as to why other countries are not adopting horizontal drilling and hydraulic fracking. 

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The reason why other countries are not adopting horizontal drilling and hydraulic fracking is that t... View the full answer