GreenTree Management NY Comments On New Fracking Deregulation & 2018 Oil Expectations
US shale oil output poised to surge above 6.5 million barrels a day in February
NEW YORK, NY, USA, January 17, 2018 /EINPresswire.com/ -- In an interview with a VIP at GreenTree Management in New York City when asked how progress was going with Reliable One Resources, their response was extremely positive. “President Trump has had a tremendous influence on fracking. In fact, his repeal in late 2017 regarding Obama’s fracking regulations should open the gates to more fracking . Earlier today CNBC stated that the US shale oil output poised to surge above 6.5 million barrels a day in FebruaryU.S. shale oil production will grow by 111,000 barrels a day to 6.55 million barrels a day in February, the U.S. Energy Information Administration forecast. Output from the Permian Basin in Texas and New Mexico is seen rising by 76,000 barrels a day. Growth from shale oil regions is driving a recovery in U.S. oil production.
With our knowledge of Reliable One’s patent pending Oil/Natural Gas separation from frack water technology it doesn’t take a rocket scientist to acknowledge that more fracking means more brine (waste water) More waste water more trouble from states mandating water depositories out of business.
Eventually this will kill the flourishing fracking business.
Reliable One Resources in our opinion will be the new normal in the industry.
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