Oil’s 60% crash is the tip of an iceberg. The reality is worse

Machinery used to fracture shale formations stands at a Royal Dutch Shell Plc hydraulic fracking site near Mentone, Texas, U.S. Photographer: Matthew Busch/Bloomberg
Machinery used to fracture shale formations stands at a Royal Dutch Shell Plc hydraulic fracking site near Mentone, Texas, U.S. Photographer: Matthew Busch/Bloomberg

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