Shortage of Fracking Gear Is Hampering US Shale Oil Output

Shortage of Fracking Gear Is Hampering US Shale Oil Output
A fracking rig in rural Pennsylvania is shown on July 11, 2013. James Smith/The Epoch Times
Bryan Jung
Updated:
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Demand for hydrofracking equipment has been quickly outpacing supply lately, causing a serious parts shortage that is beginning to hamper the expansion of U.S. oil and gas production.

Halliburton Company warned in July that “supply chain bottlenecks, even for diesel fleets, make it almost impossible to add incremental capacity this year.”

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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