These shale drillers have served the country well, making the USA energy sufficient.
“...These shale drillers have served the country well, making the USA energy sufficient.....”
Yep. That they have without a doubt. I worked in the business almost 5 years in the Eagle Ford in south Texas until I retired in 2014. The bigger & smarter ones saw it coming and prepared accordingly. Smaller ones, like CHK, just can’t take the hit as they work almost “hand to mouth”. The industry will contract, consolidate and/or merge, but I believe it will survive and remain, however, a lot of em are gonna go belly up.