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Chris Cottrell, Paul Hastings, LLP, discusses his recent article challenging the Wall Street Journal’s piece on “fracking”.
The interview starts with a general overview of recent oil prices and a discussion about the WSJ article.
Cottrell talks about the SEC rules on reserves and the changes that occurred in 2008 and how the SEC rule change changes could have skewed the numbers presented by the WSJ.
He also lists other possible factors that could have skewed the numbers presented by the WSJ.
Mergers and acquisitions, drilling activity and an overall projection for 2019 are discusses as well.