","image":{"@type":"ImageObject","url":"https://g.foolcdn.com/avatar/1624931198/large.ashx","height":"80","width":"80"}},"about":[{"@type":"Corporation","tickerSymbol":"NYSE HAL"}],"publisher":{"@type":"Organization","@id":"https://www.fool.com/","name":"The Motley Fool","url":"https://www.fool.com/","logo":{"@type":"ImageObject","url":"https://g.foolcdn.com/misc-assets/logo-tmf-primary-7-magenta-royalpurple.svg","width":"157","height":"43"},"brand":"The Motley Fool","contactPoint":{"@type":"ContactPoint","contactType":"Media Inquiries","email":"[email protected]"},"publishingPrinciples":"https://www.fool.com/about/","sameAs":["https://www.fool.com/about/","https://en.wikipedia.org/wiki/The_Motley_Fool","https://www.wikidata.org/wiki/Q7752442","https://www.linkedin.com/company/the-motley-fool","https://www.facebook.com/themotleyfool/","https://x.com/themotleyfool","https://www.instagram.com/themotleyfoolofficial/","https://www.youtube.com/channel/UCpRQuynBX9Qy9tPrcswpPag","https://www.pinterest.com/themotleyfool/","https://www.tiktok.com/@themotleyfoolofficial","https://www.google.com/search?kgmid=/m/0578mk"]},"description":"65 years ago the first commercial fracking project was commenced, but its now taking the world by storm. ","image":{"@type":"ImageObject","url":"https://g.foolcdn.com/editorial/images/112141/hydrocarbons.JPG","height":"630","width":"1200"}}

65 Years Later, Fracking Is Changing the World

65 years ago the first commercial fracking project was commenced, but its now taking the world by storm.

By Joel South and Taylor Muckerman – Mar 19, 2014 at 11:00AM EST

Hydraulic fracturing turned 65 years old this week, but it wasn't until the past 10 years, when combined with horizontal drilling, that the practice became a widely known phenomenon. In 2013 alone, the United States fracked 28,507 wells, surpassing Russia and Saudi Arabia as the world's largest producer of petroleum and natural-gas hydrocarbons. 

This segment is from Tuesday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors: @TMFEnergy.

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About the Author

Joel is a University of Washington graduate and covers energy and materials for The Motley Fool. Be sure to follow The Motley Fool's energy and materials Twitter for all your energy and materials coverage. Follow @tmfenergy

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Stocks Mentioned

Halliburton

NYSE: HAL

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