Tag Archives: lateral

Borrowing from Equity Markets to Frack For Oil + Lack of Free Cash Flow = UNsustainable just for the US

update 8/2017 water use for fracking unsustainable too http://www.houstonchronicle.com/business/article/As-the-oil-patch-demands-more-water-West-Texas-11724100.php end update This article, https://seekingalpha.com/article/4084591-new-darlings-wall-street-folly-oil-fracking-investing, reads….“Unlike the two previous US-made financial bubbles (dot-com and real estate), the ‘frackers bubble’ is having meaningful positive economic effects on the rest of the world, through … Continue reading

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HB40 North Texas Commission good ol’ boys network pay for play on 86th Legislative Session Summit

Update as we approach the 86th TX Legislative Session, to be in the know at a local summit in Irving on 10/18/18, you have to pay to play. One item of fracked-up-water-interest is…… 1:30 p.m.           The … Continue reading

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