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  • Welcome to the Investors Trading Academy talking glossary of financial terms and events.

  • Our word of the day isFrackingThe word Fracking has become an everyday term,

  • with the growth of the new technology for extracting oil and gas. It is shorthand for

  • hydraulic fracturing and refers to how the rock is fractured apart by the high pressure

  • mixture. Experts also refer to a "frac job" and a "frac unit”. The process has also

  • become very controversial, and the process has made the US a global exporter of energy

  • products shifting reliance from OPEC nations. Fracking refers to the procedure of creating

  • fractures in rocks and rock formations by injecting fluid into cracks to force them

  • further open. The larger fissures allow more oil and gas to flow out of the formation and

  • into the wellbore, from where it can be extracted. Fracking has resulted in many oil and gas

  • wells attaining a state of economic viability, due to the level of extraction that can be

  • reached. Fracking is the process of drilling down into

  • the earth then a high-pressure water mixture is directed at the rock to release the gas

  • inside. Water, sand and chemicals are injected into the rock at high pressure which allows

  • the gas to flow out to the head of the well. The process is carried out vertically or,

  • more commonly, by drilling horizontally to the rock layer. The process can create new

  • pathways to release gas or can be used to extend existing channels.

Welcome to the Investors Trading Academy talking glossary of financial terms and events.

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什麼是水力壓裂? (What is Fracking?)

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    VoiceTube 發佈於 2021 年 01 月 14 日
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