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Pioneering Fracking Company Chesapeake Energy Goes Bust
Podcast |
Drilled
Publisher |
Critical Frequency
Media Type |
audio
Publication Date |
Jun 30, 2020
Episode Duration |
00:17:38
Despite tax breaks, royalty cuts, and other COVID-related incentives, Chesapeake Energy—a pioneer in the American shale gas (fracking) industry—declared bankruptcy this week. It's the first example of what we expect to be many of the government throwing good money after bad in attempts to use COVID relief funds to shore up companies that were failing long before the pandemic hit.Patreon: https://www.patreon.com/Drilled Learn more about your ad choices. Visit megaphone.fm/adchoices

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