US shale oil companies are enjoying a cash bonanza of c. $180bn of free cash flow — operating income minus capital and maintenance outflows — this year as crude prices soar and capital spending remains contained. No more debt-fueled drilling sprees.
ft.com/content/84e228… https://t.co/gqGzFwqpVL
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…