[shookness]

Fracking shale oil is a bad investment. Most of the drilling and exploration companies heavily involved in shale oil "tight oil" fracking are suffering financially due to poor estimates of well productivity and longevity. The primary reason for low oil prices in the Permian is due to a lack of pipeline in that region. The US is not actually self-sufficient in regards to crude oil used to refine into gasoline and other fuel products.