The Top U.S. Shale Gas Basin Continues To Bleed Cash
(By Tsvetana Paraskov)
"The shale revolution may have made the United States and the world's largest natural gas producer, but it has failed to make the biggest U.S. shale gas drillers any richer.
Frackers in the top shale gas basin, the Appalachia, continue to bleed cash, despite the deep cuts in capital expenditures this year as a result of the plunge in gas prices in the first half of 2020 due to mild winter early in the year and depressed demand later on with the pandemic."
Shale Gas USA alla ricerca di un ritorno agli utili a dispetto di Covid e crollo della domanda. La via sarà probabilmente la stessa percorsa dagli oil shalers: efficienza e digitalizzazione