TSX:HSE.PR.B - Post by User
Post by
oilandgasmickon Mar 12, 2020 10:46pm
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Post# 30802375
Death Watch for Shale Frackers....buzzards circling.
Death Watch for Shale Frackers....buzzards circling.https://www.forbes.com/sites/christopherhelman/2020/03/12/deathwatch-begins-for-the-subprime-of-shale-oil-drilling/#3012d38573ab
To anybody who thought I was exaggerating this shale fracker disaster just read this Forbes article which came out today.
It mentions some of the banks and how gullible they have been in those whole mess.
This is our salvation at some point in the future and the article here just touches on the tip of the fracker-debt iceberg. Even the bond issues are worthless and are trading at yields up to 80%.