The Shale Industry Is Dropping Drilling Rigs, Fast
Smaller fracking companies are feeling the pinch of inflation, lower oil and gas prices, and fewer prime drilling spots.
Smaller fracking companies are feeling the pinch of inflation, lower oil and gas prices, and fewer prime drilling spots.
The S&P 500 reversed early gains Friday to end slightly lower.
U.S. oil and gas producers raked in profits last year, but inflation and inventory cloud their 2023 prospects.