fraccing

Last week, President Obama outlined a new energy policy that aims to reduce America's dependence on foreign oil. How can patient investors capitalize on his vision?

Please pardon my poor punning, and let me explain: "Fraccing" (rhymes with "cracking") is the oil and natural gas industry's an informal contraction for the technology called hydraulic fracturing, in which water (and in some cases, a chemical mixture) is pumped deep underground to fracture shale...