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How shale oil made the US the world's largest oil producer? What is shale oil?
The US extracts oil trapped in hardened shale rocks. The technology used in drilling through shale rocks and extracting oil is difficult and expensive. America's peak capitalism helped make it cheaper and made the US the world's largest oil producer.
Zerodha Varsity on Social Media:
Instagram: https://www.instagram.com/zerodhavarsity/
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YouTube: https://www.youtube.com/@varsitybyzerodha
Disclaimer: The stocks or financial instruments discussed in this podcast are meant for educational purposes only. Please do not consider them recommendations or financial advice of any form.
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By Zerodha VarsityThe US extracts oil trapped in hardened shale rocks. The technology used in drilling through shale rocks and extracting oil is difficult and expensive. America's peak capitalism helped make it cheaper and made the US the world's largest oil producer.
Zerodha Varsity on Social Media:
Instagram: https://www.instagram.com/zerodhavarsity/
X: https://x.com/ZerodhaVarsity
YouTube: https://www.youtube.com/@varsitybyzerodha
Disclaimer: The stocks or financial instruments discussed in this podcast are meant for educational purposes only. Please do not consider them recommendations or financial advice of any form.