Can Oil and Gas Survive the Credit Drought?

The video discusses the high default rates among large, highly leveraged oil and gas companies, particularly those with public bonds. It explains how borrowing base reductions can trigger defaults and lead to bankruptcies. The video also covers banks' efforts to sell energy loans, highlighting the challenges they face due to market conditions and private equity interest.

What patterns have been observed regarding companies not making their interest payments?

What challenges are banks facing in offloading energy loans?