Liam Denning on the Price of Oil
Making a Killing with Bethany McLean
00:00
Oil and Gas
In some ways i see the fracters as being a little like tesla, or ube or we work. Engage in a massive grab for market share in the global oil and gas business mostly financed by third party capital. And what they've done is they've essentially allowed these companies to outspend their cash flow based on a story of 'we're growing into things' The industry has been technologically brilliant but Financially it's been a disaster.
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