How Private Producers Finance New Drilling with Bank Lines Drying Up

We've extensively covered the issue of Big Banks and Big Investment Firms turning against and refusing to fund fossil energy companies. Financial institutions are routinely hounded by radicalized leftists to deny funding to oil and gas companies, and sadly, many banks and investment firms have caved to the pressure. The attorneys general and state treasurers in "red" states are fighting back by pulling state business (and pension funds) from said companies, like BlackRock (see More States Look to Blacklist BlackRock, Other ESG-Focused Funds). The fact remains that oil and gas companies, large and small, still need to tap lines of credit to keep operations humming along. What does a small, privately-owned company (shares not traded on an exchange) do to keep the money flowing? Something creative.

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