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Home > KDNK News > Shaky Financial Foundation Leaves US Shale Market Vulnerable Amid Economic Uncertainty
Podcast: KDNK News
Episode:

Shaky Financial Foundation Leaves US Shale Market Vulnerable Amid Economic Uncertainty

Category: Government & Organizations
Duration: 00:05:42
Publish Date: 2020-03-25 00:54:41
Description: Shale drilling in the US has produced record volumes of oil and natural gas in the last decade, but the industry and struggled to achieve profitability, racking up billions of dollars in debt. Now in midst of an international price war and global pandemic, the financial future of shale looks uncertain. To find out more, KDNK’s Lucas Turner spoke to attorney and freelance reporter Sharon Kelly about her recent article in Desmog Blog, titled Stock Market Turmoil Undermines Claimed Energy Dominance Benefits of US Shale Drilling
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