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The U.S. shale oil and gas sector is accelerating its shift toward electric drilling rigs and hydraulic fracturing (fracking) in a bid to reduce diesel emissions. However, the inadequate state of the power grid and rising costs are significant obstacles, according to the latest quarterly energy survey from the Federal Reserve Bank of Dallas.The U.S. shale oil and gas sector is accelerating its shift toward electric drilling rigs and hydraulic fracturing (fracking) in a bid to reduce diesel emissions. However, the inadequate state of the power grid and rising costs are significant obstacles, according to the latest quarterly energy survey from the Federal Reserve Bank of Dallas.

September 25, 2024
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