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Half of the US fracking industry could be gone after this year

2015-04-24 08:21:08| Oil & Gas - Topix.net

One oil executive thinks half of all fracking companies will be out of business or sold by the end of this year, according to Bloomberg. Rob Fulks, the pressure pumping marketing director at Weatherford International, told Bloomberg that a reduction in spending has put much of the US fracking industry at risk.

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