what's the largest company doing fracking in the united states
Half of the US fracking industry could be gone after this year. One oil executive thinks half of all fracking companies will be out of business or sold by the end of this year, according to Bloomberg. Rob Fulks, the pressure pumping marketing director at Weatherford International, told Bloomberg that a reduction in spending has put much of the US fracking industry at risk. Fulks told Bloomberg that of the 41 fracking companies in the US, half will be dead or sold by the end of the year. Weatherford operates the 5th-largest fracking operation in the US, Bloomberg notes.