The U.S. oil and gas industry has $137 billion worth of debt due by 2022 | AXAS Message Board Posts

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Msg  10523 of 10608  at  9/13/2019 11:48:29 PM  by

delt1970


The U.S. oil and gas industry has $137 billion worth of debt due by 2022

"...While this wasn’t a problem before for shale companies as they were able to use PONZI FINANCE to issue new debt to pay existing debt, it doesn’t seem as if they have this GET OUT OF JAIL free card the next time around."

https://srsroccoreport.com/u-s-shale-oil-in-trouble-as-production-stalls-after-two-years-of-significant-growth/


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