Could The Oil Price War Push The Fracking Industry Into Financial Crisis | Think

As fears surrounding Coronavirus fueled the worst week for stocks since the 2008 financial crisis, the energy sector has been hit hardest of all — potentially adding fuel to a very combustible financial situation. Through the 2000s, fracking for oil and natural gas remade the global energy industry in America's favor. But, much of the that growth was made possible through mountains of cheap debt and unrealistic forecasts. As the market finds itself on shaky footing, might fracking melt down into full blown financial collapse?

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Coronavirus Stock Panic Slams Energy Sector --Could Fracking Be Next In Financial Collapse? | Think

Видео Could The Oil Price War Push The Fracking Industry Into Financial Crisis | Think канала NBC News