Fracking, Bakken, Marcellus and GA

Some of the best energy news in recent years is the discovery of massive oil and gas reserves in the Bakken and Marcellus fields, among others. Thanks to advances in horizontal drilling and hydraulic fracturing (fracking), deposits once thought unprofitable have now created an economic boom in Montana, North Dakota, Pennsylvania and other places where it is being used. In the long term, this can only lead to greater reserves, lower world prices for crude oil, and lower prices for aviation fuel.

In the short term however, airport managers in these regions are reporting brisk business.

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