Title: Fracking Can't Happen Without These Companies
Headings: Fracking Can't Happen Without These Companies
Fracking Can't Happen Without These Companies
Defining Fracking
Key Takeaways
Big Companies Trailing
Growing Demand
Not Just Gas Prices
Exports Still Factor
The Bottom Line

Content: The price of natural gas has to stay relatively high in Europe and Asia while staying low enough in the domestic market that it isn't simply more profitable to sell it here. It's possible the European Union may want to reduce its dependence on Russian natural gas, but as Russia already has the infrastructure in place to deliver it, prices would have to be high in order for imported gas to be competitive, unless there is a political decision to stop importing Russian gas. The Bottom Line
With a low barrier to entry, the amount of competition to drill for and extract oil and gas via fracking tends to keep profits down – not to mention the relatively low price for gas. Assuming that, the companies that provide the implements and services to frackers could be the better bet. Take the Next Step to Invest
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