In the Headlines
June 9, 2017
Adjusting to Smaller Role, Banks Lending Again to U.S. Drillers
Houston Chronicle
Bank lending that nourished drillers in the nation's first surge of shale oil has picked up again as oil prices and profits recover, but is likely to remain well below the go-go days of the last boom even as hundreds of drilling rigs and thousands of workers pour into West Texas and Oklahoma.
"The regulators are saying if the whole company is in trouble, it's your problem," said Andrew Flint, a partner at the law firm Thompson & Knight in Houston.
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