Fracking’s Fishy Finances a Fiscal Failure

August 9, 2020

From Desmogblog.

I learned more about this in researching the new videos that will drop this week…

5 Responses to “Fracking’s Fishy Finances a Fiscal Failure”

  1. dumboldguy Says:

    It has been obvious for years that the only thing keeping fracking alive was the greed of the investors. Glad to see them all taking the hit they so richly deserve. Good riddance and may they all burn in hell.


  2. See also the Institute for Energy Economics and Financial Analysis https://ieefa.org/ for their excellent analysis over the years. Fracking has always been a financial boondoggle. Now we are going to be left with the rest of us 1) bailing out the financialists who bet big and lost and 2) tens of thousands of unplugged holes abandoned by fracking operators who don’t have the wherewithal to plug the holes because they are dead flat broke.


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