EnergyWatch

Shale industry a giant success, just hasn't made any money

New major collapse emphasizes that success in the US shale industry has been a thought-provokingly poor business.

Photo: Jacob Ehrbahn

Flags should be raised and guests lining up, but there's nothing to celebrate.

This year marks the 15th since the shale industry took off in the US, rendering the country both independent from imported oil and also the world's largest oil producer.

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