Undaunted by oil bust, financiers pour billions into U.S. shale

http://www.biphoo.com/bipnews/business/undaunted-oil-bust-financiers-pour-billions-u-s-shale.html #Business http://www.biphoo.com/bipnews/wp-content/uploads/2017/04/Undaunted-by-oil-bust-financiers-pour-billions-into-U.S.-shale.jpg
Undaunted by oil bust, financiers pour billions into U.S. shale

Investors who took a hit last year when dozens of U.S. shale producers filed for bankruptcy are already making big new bets on the industry's resurgence.

In the first quarter, private equity funds raised $19.8 billion…

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