With hardly an exception, shale gas companies are mired in debt and, with historically low prices for gas, have little hope for profit no matter how much gas they produce in order to pay their bills. Many have gone bankrupt and more will likely follow as the world moves away from fossil fuels. The poor economic state of the industry makes it more likely to flaunt regulations and safety.
- Fracking in 2018: Another Year of Pretending to Make Money (Dec 18, 2018 Desmog)
- Nine-year losing streak continues for US fracking sector: Oil and gas output is rising but cash losses keep flowing (5 Dec 2018, Sightline Institute)
- Financial Red Flags for Fracking (17 Oct 2018, Sightline Institute)
- Oil bust on par with telecom crash of dot-com era – (Houston Chronicle, Sept 2016)