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How long can the fracking spending spree last?
September 15, 2018
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 StreetWest TexasMidlandFloridaMarylandCenter on Global Energy PolicyOil and Gas Financial AnalyticsFederal ReserveNorth AmericanBill HerbertColumbia UniversityKatherine SpectorNorth DakotaPiper JaffrayEric OttoU.S.WASHINGTONBusiness EnergyPermian BasinDavid Einhornjames.osborne@chron.comHoustonNick Cacchione@osbornejaTwitterRapidan Energy GroupOklahoma CityEnergyHoustonChronicle.comhoustonchronicle.comeconomicsfracking