/biz/ - Business & Finance

>>	Anonymous Fri Feb 2 00:31:39 2018 No.7202039 [View] File: 150 KB, 610x445, oppenheimer-negative-cash-flow.jpg [View same] [iqdb] [saucenao] [google] >>7201863 The entire oil industry is insolvent, it will probably be nationalized in the coming decades to prevent total collapse of civilization

Anonymous Mon Jan 29 22:51:10 2018 No.7086464 [View]
File: 150 KB, 610x445, oppenheimer-negative-cash-flow.jpg [View same] [iqdb] [saucenao] [google]

>>7086359
>fracking will buy us enough time to completely fuck the planet

Depends how long the financial system can keep going, fracking companies haven't made a profit since 2007 and need constant debt to operate, it's so bad they actually started losing MORE money when oil prices doubles. If the financial system and endless debt stop it's game over

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/biz/ - Business & Finance

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