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How long can the fracking spending spree last?
www.houstonchronicle.com

How long can the fracking spending spree last?

After a decade of U.S. oil and gas companies spending beyond their means, a debate is underway in the energy and investment sectors on whether to keep pumping money into oil fields to keep the boom going full-speed. Or with interest rates rising and investors demanding better returns, are fracking firms going to have to live within their cash flows?
Sand, water, and horsepower: Welcome to the year of the fracker
www.houstonchronicle.com

Sand, water, and horsepower: Welcome to the year of the fracker

Oil companies are on track to produce a record 10 million barrels of American crude a day, a milestone that could be reached as soon as February largely due to another record that is expected to fall in coming months.

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