“I believe the opposite is more likely, that a developing financial crisis may crash oil prices and test the survival of shale plays.”
You pay your money (or not, as the case may be), and you take your choice.
Image: from article
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“Shale Plays Will Not Cause the Next Financial Crisis”: Art Berman …the debt pile isn’t big enough
This is a guest post by Jeremy Leggett. Views are the author's own and do not necessarily represent the opinions or positions of MyGridGB or Dr Andrew Crossland.