If the rapid decline rate or the massive debt doesn’t destroy the U.S. Shale Industry, the finance costs most certainly will. The amount of interest expense the shale companies have paid to finance business and increase production is stunning, to say the least. But, the real problem for the shale industry, isn’t the interest expense that they have already paid, but the staggering amount owed in the future. Actually, I was quite shocked by some of the figures I was coming across during my research. You see, many articles on the Shale Industry have focused on the tremendous amount of debt saddling the companies’ balance sheets. However, one surprising statistic that is not mentioned is the “Total Interest Expense” due on all this debt to maturity (or in the future). While I have posted some graphs showing much much the shale companies were paying in interest expense each quarter […]