My name is Barbara Mills-Bria and I am the President of Be The Change, a progressive group in Colorado. We have been seeing articles about the the economics behind the fracking industry and it seems like they can't really afford to do this - especially if one takes into account the external costs, which are rarely taken into account. Even without considering those costs there seems to be a disconnect. I am including links to various articles and I hope you can shed some light on this subject. We are especially interested in the economics of fracking. Thanks for your consideration. Barbara Mills-Bria President, Be The Change https://www.theguardian.com/environment/2018/feb/10/carillion-links-north-yorkshire-fracking-third-energy https://finance.yahoo.com/news/extraction-oil-gas-inc-schedules-130000377.html https://www.reuters.com/article/us-anadarko-petrol-results/anadarko-petroleum-third-quarter-loss-misses-expectations-shares-dip-idUSKBN1D02UX https://seekingalpha.com/article/4145306-can-anadarko-petroleum-really-afford-massive-dividend-increase-buybacks https://oilprice.com/Energy/Oil-Prices/The-Oil-Bubble-Has-Burst-What-Now.html
Can you explain the economics behind fracking?
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