I wonder what’s next? Thanks again to another eagle eyed reader.
Some interesting stats in this article including the mind bender below. Hat tip to a reader for sending this along.
The expected windfall from free cash flow this year is just one-tenth of the $300 billion in net negative cash flow the U.S. shale industry has lost in the 15 years since the first shale boom, per Deloitte estimates from last year.