Climate Home: US shale oil and gas equity investors are expecting a rebound in prices, given share issuance figures in the first quarter of 2016. But are they backing a dud?
Investors backed a record amount of new share issuance by US shale oil and gas producers in the first three months of this year, even after a period of lower oil prices left some companies more battered than ever.
That`s the main finding in a new report by the Carbon Tracker Initiative, Beyond the Shale: Aboard the Price Roller Coaster....