Shale debt, falling prices and slack demand has tight oil producers in trouble. And yet, there is still burgeoning production. Why? Well, we’ve seen this before. It’s the shale debt redux. Operators did it a few years ago in natural gas and prices have yet to recover.
via The Energy Collective – The world’s best thinkers on energy & climate http://ift.tt/1FLj8sn
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Prometheus Institute 