U.S. SHALE OIL INDUSTRY: Not In The Business To Make Money, But To Take Money

in #shale • 6 years ago

The U.S. Shale Oil Industry has been a financial trainwreck since day one. And, with nearly $300 billion in public and private debt racked up by the shale industry since its inception, that hasn’t stopped investors from throwing good money after bad to continue the biggest energy Ponzi scheme in history.

FULL STORY and Video with Art Berman:

https://srsroccoreport.com/u-s-shale-oil-industry-not-in-the-business-to-make-money-but-to-take-money/

#oil #ponzi #srsrocco #report
6 years ago in #shale by
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