Sep 15, 2018
How long can the fracking spending spree last?
After a decade of U.S. oil and gas companies spending beyond their means, a debate is underway in the energy and investment sectors on whether to keep pumping money into oil fields to keep the boom going full-speed. Or with interest rates rising and investors demanding better returns, are fracking firms going to have to live within their cash flows?
Wall Street West Texas Midland Florida Maryland Center on Global Energy Policy Oil and Gas Financial Analytics Federal Reserve North American Bill Herbert Columbia University Katherine Spector North Dakota Piper Jaffray Eric Otto U.S. WASHINGTON Business Energy Permian Basin David Einhorn firstname.lastname@example.org Houston Nick Cacchione @osborneja Twitter Rapidan Energy Group Oklahoma City Energy HoustonChronicle.com houstonchronicle.com economics fracking