“Shale Industry Drills More Debt Than Profit”: DeSmogBlog launches series on $280 bn debt pile


“The American oil and gas boom spurred by fracking innovations may be one of the largest money-losing endeavors in the nation’s history.”

This is welcome, but where are the Financial Times and Wall Street Journal deep dives on this? Why are they not covering the issue as a rolling “bubble” story?

Image: Screenshot of website

Leave a Reply

Your email address will not be published. Required fields are marked *