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US shale industry's test of survival

US shale industry's test of survival

The US shale industry has transformed the outlook for US energy security, created tens of thousands of high-paying jobs, and rattled the leaders of rival oil-producing countries from Riyadh to Caracas. But as oil prices have sunk, the fledgling industr...

FT News in Focus · Financial Times

April 24, 20158m 55s

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Show Notes

The US shale industry has transformed the outlook for US energy security, created tens of thousands of high-paying jobs, and rattled the leaders of rival oil-producing countries from Riyadh to Caracas. But as oil prices have sunk, the fledgling industry is facing its first real test, Ed Crooks tells Matthew Vincent.

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