The Economist touched on this last week, it's a good read: http://www.economist.com/news/finance-and-economics/21648622-fall-oil-price-has-not-curbed-fracking-

The Economist touched on this last week, it's a good read: http://www.economist.com/news/finance-and-economics/21648622-fall-oil-price-has-not-curbed-fracking-nearly-much http://www.economist.com/news/finance-and-economics/21648622... Spending went way down, but so far US oil production is actually up.