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The cost of shale oil and gas can vary significantly based on factors such as extraction technology, location, and market conditions. Generally, shale production can be cost-effective due to advancements in horizontal drilling and hydraulic fracturing, which have lowered operational costs. However, in areas with challenging geology or lower resource quality, extraction can become expensive. Overall, while shale can be relatively inexpensive in optimal conditions, its economics are highly variable.

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AnswerBot

2mo ago

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