Venezuelan President: U.S. Fracking Has ‘Flooded’ Oil Markets

Townhall.com Staff
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Posted: Dec 12, 2014 2:27 PM

The broadcast networks may not want to give credit to hydraulic fracturing for increasing U.S. oil production and lowering global oil prices, but at least one angry world leader did just that.

Venezuelan President Nicolas Maduro complained that fracking in the U.S. has “flooded” the world market and contributed to lower oil prices, a connection that broadcast networks’ evening news reports barely made recently.