6min chapter

Boomtown cover image

A Dark Horizon | Chapter 9

Boomtown

CHAPTER

Fracking's Financial Crisis

This chapter examines the financial instability of the fracking industry, revealing how exorbitant investments have failed to yield profits despite rising oil prices. It also explores the historical context of oil exploration in West Texas, illustrating the industry's long-standing issues with investment risks and the disparity between profits and losses.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode