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Live Action Malinvestment: Frackers On An Accelerating Treadmill

April 8, 2019 April 8, 2019 / Contrarian Reads / By David Stockman

In effect, frackers have jumped on a treadmill and ratcheted up the speed, becoming ever more dependent on new capital to keep oil production humming, even as Wall Street is becoming more skeptical of funding the industry.

 

 

 

 

 

 

https://www.wsj.com/articles/frackers-chasing-fast-oil-output-are-on-a-treadmill-11554721202?mod=hp_lead_pos5

 

 

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