US shale industry's test of survival
US shale industry's test of survival

US shale industry's test of survival

FT News in Focus


24.04.2015 • 8 Min.

The US shale industry has transformed the outlook for US energy security, created tens of thousands of high-paying jobs, and rattled the leaders of rival oil-producing countries from Riyadh to Caracas. But as oil prices have sunk, the fledgling industry is facing its first real test, Ed Crooks tells Matthew Vincent. Hosted on Acast. See acast.com/privacy for more information.