What was the primary factor that led to the shale revolution in the U.S.?
Fracking: From Revolution to Money Pit

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The discovery of new oil fields
Increased demand for renewable energy
Government subsidies for oil companies
The development of fracking technology
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the impact of the shale revolution on U.S. oil production by 2014?
It became negligible
It decreased significantly
It remained stable
It increased dramatically
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which two technologies are combined in the process of fracking?
Thermal recovery and steam injection
Seismic imaging and deep-sea drilling
Horizontal drilling and hydraulic fracturing
Vertical drilling and chemical injection
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a major financial challenge faced by the shale industry?
Lack of skilled labor
High taxation rates
Declining oil prices
Excessive production costs
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the role of wildcatters in the shale industry?
They were government regulators
They were environmental activists
They were financial investors
They were independent oil explorers
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who was a key figure in the modern shale industry known for his aggressive drilling strategy?
John D. Rockefeller
Aubrey McClendon
Elon Musk
Warren Buffett
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why did the shale industry face financial instability despite high production?
Lack of technological innovation
High operational costs and declining well outputs
Environmental protests
Government intervention
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