Forbes: Six Reasons Fracking Has Flopped Overseas

Shale gas deposits have been found in Poland, Argentina, China, Great Britain and other countries, but only the United States has fracked its shale gas into a national energy boom.

That’s not for lack of will abroad, according to energy experts gathered Friday at the University of Chicago: it’s because of political and economic circumstances that fostered hydraulic fracturing here while dampening its spread overseas.

“We know that there are massive reserves in other parts of the world, but we haven’t seen them come down the learning curve nearly as quickly as we have in the U.S.,” said John Norton of Bain & Company, a Dallas management consulting firm. “We haven’t seen significant production from other nations yet.”  MORE