Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, May 29, 2014

Energy Quote of the Day: ‘Not Everyone is Going to Survive’

Energy Quote of the Day: ‘Not Everyone is Going to Survive’

By Jared Anderson
Fracking In California Under Spotlight As Some Local Municipalities Issue Bans
Unconventional oil and gas operators that is. Bloomberg research indicates numerous companies operating in various US shale plays are severely overleveraged, with interest expenses making up significant double-digit percentages of revenue in many cases. “The list of companies that are financially stressed is considerable,” said Benjamin Dell, managing partner of Kimmeridge Energy, a New York-based

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