Fracking's financial fragility

Dr. Maria Fernanda Campa considers the facts revealed in Saudi America: The Truth about Fracking and How It's Changing the World by Bethany McLean.

"In addition to easy access to investment capital, the oil and gas industry enjoys the biggest subsidies of any energy sector—yes, more than renewables," Campa said. "Further, the oil and gas industry is exempted from environmental policies, such as the Clean Water Act, to facilitate and support oil and gas sector production growth rate. However, even with all these economic and political advantages, it is quite interesting to read that the fracking industry is still not generating enough cash flow to carry itself."

Campa is a Postdoctoral Researcher in the Institute for a Secure and Sustainable Environment at the University of Tennessee studying issues in hydraulic fracturing.

Music credit: "Blue Dot Sessions" on https://www.sessions.blue, CC BY-NC 4.0

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Knox Pods
Podcasts of Knox County Public Library

About your hosts

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Melissa Brenneman

Melissa listens to hours of podcasts on most days. She started the habit with the intention of taking long walks, but podcasts proved to be more addicting than exercise. She records, edits and mixes podcasts for the library.
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Alan May

Alan May works as a reference librarian at Lawson McGhee Library. In his spare time, he reads and writes poetry. May's most recent books are Dead Letters (2008) and More Unknowns (2014). His poems have appeared in The New York Quarterly, The Hollins Critic, The New Orleans Review, Plume, and others.