In this special double header episode of the Keiser Report, Max and Stacy compare the real data and future for fracking using actual balance sheet results and investor complaints on the absence of any profits as of yet. From Bloomberg and CNBC, headlines warn that fossil fuels face squeeze as the cost of renewables plunge and just as the surge in natural gas supply from fracking absolutely obliterated the entire coal industry, so too will solar do the same to fracking. And, when the fracking operators can’t even pay the interest on their ‘credit cards’ from revenues, the future in a rising interest rate world doesn’t look bright.
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