Q. With reference to Shale oil/gas, consider the following statements:
1. Its extraction requires the creation of fractures in oil and gas rich shale to release hydrocarbons.
2. Conventional crude deposits are found in smaller batches and deeper than Shale oil.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: A
Notes:

Statement 1 is correct 

Statement 2 is incorrect: The key difference between shale oil and conventional crude is that the shale oil is conventional crude deposits. 

Source: ‘Tight oil’: What is shale and its potential in India