Post Tagged with: "Frackers"

Frac-ers Burn Cash to Sustain U.S. Oil Boom

Frac-ers Burn Cash to Sustain U.S. Oil Boom

From the Wall Street Journal

American oil companies—primed to reap the benefits of rising prices after years of wringing more from wells for less—are seeing profits erode in the face of rising costs.

Those operational challenges make balancing lofty growth …