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Peak Shale: Is the US Fracking Industry Already in Decline?

  • DeSmogBlog faviconDeSmogBlog

    By Justin MikulkaOct 30, 2018, 1:22 pm209 pts
    photo of Peak Shale: Is the US Fracking Industry Already in Decline? imageRead time: 7 mins In 2016, lower oil prices led to an overall drop in production for shale companies, which use horizontal drilling and fracking to extract oil and gas from shale formations such as the Marcellus and Permian. This was one of the few relatively positive financial periods for an industry plagued…
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