35 How Wall Street broke the oil giants episode artwork

EPISODE · Apr 6, 2026 · 18 MIN

35 How Wall Street broke the oil giants

from Crude Ambition: This is the story of power · host By Seven Media

The greatest oil boom in history ends with a billion-dollar shale project killed overnight and Colorado ghost towns sprouting weeds. This is the episode where the fever of thirty-four-dollar oil gives way to glut, conservation proves more powerful than anyone imagined, and OPEC watches helplessly as the world learns to use less. Episode 35 of Crude Ambition charts how the bust that followed the boom nearly turned oil into just another commodity.

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35 How Wall Street broke the oil giants

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This episode is 18 minutes long.

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This episode was published on April 6, 2026.

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The greatest oil boom in history ends with a billion-dollar shale project killed overnight and Colorado ghost towns sprouting weeds. This is the episode where the fever of thirty-four-dollar oil gives way to glut, conservation proves more powerful...

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