Advertisement

April 27, 2012

Credit Crunch Coming for U.S. Gas Drillers

Edward McAllister, Reuters


bigstockphoto

As prices of the fuel tumble to their lowest in ten years, big lenders are set to slash credit lines to the most exposed producers by as much as a quarter, forcing firms to conserve cash by cutting back on drilling plans or to sell assets. . .

Read Full Article ››

TAGGED: natural gas, natural gas industry, domestic energy production, domestic energy, Reuters

RECOMMENDED ARTICLES

April 20, 2012
Wildcatter McClendon's Chesapeake ATM Machine
Driver & Grow, FT
Aubrey K. McClendon is one of the most successful energy entrepreneurs of recent decades. But he hasn't always proved popular with shareholders of the company he co-founded, Chesapeake Energy Corp. (CHK), the second-largest... more ››
April 27, 2012
Cracking the Chesapeake Piggy Bank
Jim Jelter, MarketWatch
Aubrey McClendon co-founded Chesapeake Energy in 1989. He’s been at the helm ever since, building up the nation’s second-biggest natural gas producer with a management style that’s reeled between brilliant... more ››
April 16, 2012
NatGas Exports Best Bet To Bring America Back
Jason Trennert, Forbes
Of all the structural problems facing the U.S. economy, the most serious and most difficult to correct in terms of our future growth may simply be the fact that, three years after an intergalactic financial crisis, we are... more ››
April 24, 2012
Chesapeake's Aubrey McClendon Must Be Stopped
Richard Finger, Forbes
How’s it going up there in Oklahoma City? I sure hope you weren’t troubled by any of those nasty tornados. You probably have some sort of bomb shelter or something. Anyway, the reason for gettin’ in touch is to ask a... more ››
|