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Crackdown on Shale Debt Won’t Necessarily Drive Steep Production Declines
Both banks and regulators are cracking down on shale producers, as 10 of the largest U.S. banks still have $147 billion in unfunded credit to energy companies.

Shale Bubble Creates Economic Risks, But Fallout Will Be Contained
While there are some structural similarities between the shale and housing bubbles, the puncturing of commodity prices and the shale industry does not pose a systemic risk to the banking sector and the wider economy.