Bulgaria, Greece, Macedonia, Romania, Croatia and Turkey ......now if that list included Germany or France even.....but it don’t. The oilers are trying to hurt the frackers. The Poles are fracking now. My question is why isn’t Russia fracking?
Most likely because Russia could get its oil much cheaper via conventional means. If prices stay low, they’ll look very smart for that move - since they wouldn’t have wasted the investment in fracking.
For us, it still made sense with high oil prices...but if they were always $50, I doubt the work Fracking would even exist today (we’d just be importing tons more oil).
Because of fracking is costly