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Energy companies, facing mountains of debt, look to Main Street for help

APRIL 22, 2020 | by Daniel Moore | PITTSBURGH POST-GAZETTE (PENNSYLVANIA)

By Daniel Moore, includes “For the last decade, drilling rigs dotting the Western Pennsylvania landscape unlocked vast natural gas reserves trapped by the Marcellus Shale rock formation — and were financed with cheap corporate loans repaid at rock-bottom interest rates set by the Federal Reserve. Now … the natural gas industry — joined by House Republicans from Pennsylvania — are asking the Federal Reserve to help them make those loan payments.”

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