Inside Energy

Oil Price Slide Worsens Company Debt Woes

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Sinopsis

Companies have been borrowing more and more to drill in America’s oil fields. Some estimates have oil and gas industry debt jumping more than 50 percent over the last five years, long before the dramatic slide in oil prices of the last six months. Our Inside Energy Reporter Dan Boyce tells us that is now making it a lot harder to pay off those mounting debts.