Frackers scrounging for more debt (E1411)
18 Jul, 2019 06:39
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In this episode of the Summer Solutions 2019 for the Keiser Report, Max and Stacy discuss the ‘gusher of red ink’ bankrupting fracking companies across the shale plays. Despite the record production numbers, frackers are losing more and more investment money at a more and more rapid pace than ever before. This has left big fracking producers scrounging for money from Wall Street and beyond. Then, they are joined by Tyson Slocum of Public Citizen’s energy program, who proposes some solutions to this fracking Red Queen syndrome, debt-doom loop. They go over the data on renewable energy and find out just how much sense it makes for energy policy.
Check Keiser Report website for more: http://www.maxkeiser.com/
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