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Half of U.S. Fracking Industry Could Go Bankrupt as Oil Prices Continue to Fall

Jan 18, 2016 at 11:05 AM CST

http://ecowatch.com/2016/01/18/fracking-industry-bankrupt/

So the slide continues with no end in sight. As expected this morning, the oil price has fallenbelow $28 a barrel on the back of the historic news over the weekend of sanctions being lifted on Iran.

This is the lowest level for oil since 2003.