Frackers Face Harsh Reality as Wall Street Backs Away —
Key lifeline for smaller operators fades, as losses pile up and prospects dim for big investment returns

By Bradley Olson and Rebecca Elliott, Wall Street Journal, February 24, 2019

The once-powerful partnership between fracking companies and Wall Street is fraying as the industry struggles to attract investors after nearly a decade of losing money.

Frequent infusions of Wall Street capital have sustained the U.S. shale boom. But that largess is running out.

New bond and equity deals have dwindled to the lowest level since 2007. Companies raised about $22 billion from equity and debt financing in 2018, less than half the total in 2016 and almost one-third of what they raised in 2012, according to Dealogic.

(Our properties are damaged because we live and/or own property that is near to
or on the same where the drillers, frackers and pipeliners operate)

And shale well industry is already just like coal, do huge environmental damages, hurt the population’s health, and not clean up after itself.

See the following article for example:

Gov. Jim Justice’s Barren Mine Lands and Unpaid Taxes

http://appvoices.org/2019/02/13/gov-jim-justices-barren-mine-lands-and-unpaid-taxes/