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?
Oil companies are on track to produce a record 10 million barrels of American crude a day, a milestone that could be reached as soon as February largely due to another record that is expected to fall in coming months.
Jane Worthington moved her grandkids to protect them from oil and gas wells—but it didn't work. In US fracking communities, the industry's pervasiveness causes social strain and mental health problems.