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Tiny Oil Stock Offers Big Gains Headed Into 2023

The oil bull market is ramping up, and that means companies are doing whatever they can to extract oil from the ground as demand increases.

Hydraulic fracturing started in 1947 in my home state of Kansas. The process is straightforward. Crews shoot high-pressure liquid into rock formations to break up bedrock and reveal shale gas and tight oil in the ground.

The production of shale gas and tight oil plays in the U.S. is set to expand in a huge way over the next several decades.

That leads me to today’s Power Stock… a supplier of a key component used for successful hydraulic fracturing.

This post appeared first on Money & Markets, LLC.