The Fracking Industry Is Cannibalizing Its Own Production, Increasing Spill Risks To help his neighbor understand what has happened, he explains it by saying he took a very long straw and “Drank your milkshake!”
Flip This Well: How Fracking Company CEOs Get Rich While Losing Billions Last year the fracking company Halcón Resources announced a new strategy that was sold as the path to profits for the previously troubled shale oil and gas firm. The company had sold its stake in the Bakken oil fields in order to double down on the Permian shale in Texas.