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Read the case study In a Bind and answer the questions: What is Fracking? When oil prices drop, what happens to investment? What happens to

Read the case study “In a Bind” and answer the questions:

What is “Fracking”?

When oil prices drop, what happens to investment?

What happens to investment if prices stay low?

What does a dominant cartel require?

Does OPEC have this?

What is Saudi Arabia doing?

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What is Fracking Fracking refers to the extraction of oil and gas ... blur-text-image

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