Tag Archives | U.S. Oil and Gas

  • How The Fracking Revolution Is Killing the U.S. Oil and Gas Industry

    How the fracking revolution is killing the U.S. oil and gas industry

    Originally published: DeSmog on December 22, 2020 by Justin Mikulka (more by DeSmog)  | (Posted Dec 29, 2020)

    After over a decade of the much-hyped U.S. fracking miracle, the U.S. oil and gas industry is having to deal with years of losses and falling asset values which has dealt the industry a serious financial blow. This is despite the fracking revolution delivering record oil and gas production for the past decade, peaking in 2019.