CommerceGuard.org is the primary site of the Commerce Accountability Project (CA Project, LLC), an organization dedicated to exposing anti-competitive, anti-labor and anti-consumer practices in industry. We rely on the support of the public to continue our work. If you would like to support us, please consider donating or volunteering. You can learn more about us here.
Glossary
InsuranceFinanceHealthcareEmployment LawPrivacy

Tight Oil

Tight Oil, also known as shale oil, refers to oil trapped in low-permeability rock formations that require special extraction techniques like hydraulic fracturing (fracking) to access.

Example #1

Imagine an oil company drilling horizontally into tight rock formations to release oil that traditional vertical drilling couldn't access.

Example #2

Picture a region where companies use advanced technology to extract oil from shale rocks deep underground.

Misuse

An example of misuse in tight oil extraction could involve companies not properly managing the wastewater and chemicals used in fracking, leading to environmental pollution and health risks for nearby communities. It's critical to regulate and monitor tight oil extraction to protect the environment and public health.

Benefits

One benefit of tapping into tight oil reserves is increasing domestic oil production, reducing dependence on foreign oil imports, and potentially lowering oil prices for consumers.

Conclusion

Understanding tight oil can empower consumers to be informed about the practices involved in its extraction, advocating for responsible and sustainable methods to protect the environment and communities. By promoting transparency and regulation in tight oil extraction, consumers can ensure that their interests and the environment are safeguarded.

Last Modified: 4/30/2024
Was this helpful?