China Turning to US for Expertise in Oil Exploration and Production

Link here.

As Chinese energy demand continues to grow, the Asian giant has begun to turn to the U.S. as a means to ease its tight fuel markets, according to the Houston Business Journal.

A recent study from Rice University investigates the disparity between innovation within the oil and gas exploration industries in the U.S. and China. Both countries boast substantial deposits of shale gas and oil, but China has faced major difficulties with the technical aspects necessary to tap into these reserves.

The only difference: China won't ban fracking.