Fracking Giant Chesapeake Energy Declares Bankruptcy

from Drilled · host Pushkin Industries

Despite tax breaks, royalty cuts, and other COVID-19 incentives, Chesapeake Energy, a pioneer in the American fracking industry, has declared bankruptcy. We explore why the pandemic isn't to blame and what the says about government bailouts for struggling fossil fuel companies.Support us on Patreon See omnystudio.com/listener for privacy information.

What this episode covers

Despite tax breaks, royalty cuts, and other COVID-related incentives, Chesapeake Energy—a pioneer in the American shale gas (fracking) industry—declared bankruptcy this week. It's the first example of what we expect to be many of the government...

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Fracking Giant Chesapeake Energy Declares Bankruptcy

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This episode was published on June 30, 2020.

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