Big Green Lies: Frackers Cook the Books Using Depreciation

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Anti-fossil fuelers really have no shame. We recently spotted an article that purports to lay out the case, chapter and verse, for how “frackers” are engaging in “accounting shenanigans” covering up true reserve estimates and depreciation expenses. In other words, they’re cooking the books, lying to investors. And ultimately America’s fracking boom as been “a bust.” Nonsense.

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