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Business expert predicts 50% of fracking companies will go bankrupt

Former Residence Depot Chief Executive Officer Bob Nardelli argues half of fracking business will certainly go bankrupt if oil rates stay where they are.

FOX Company Network (FBN) is an economic news channel providing real-time information throughout all platforms that impact both Main Road and Wall Street. Headquartered in New York City– business capital of the globe– FBN introduced in October 2007 and also is the leading company network on tv, covering CNBC in Service Day visitors for the 2nd successive year. The network is available in more than 80 million residences in all markets across the USA. Owned by FOX, FBN has bureaus in Chicago, Los Angeles, Washington, D.C. as well as London.

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