As you read this, there is a pretty good chance that oil prices have slid yet again and investors are probably looking really hard at any position they have in the oil and gas space. Many are worried that the major slide in oil prices will cripple the likes of Harold Hamm's Continental Resources (NYSE:CLR) or the former business of Aubrey McClendon, Chesapeake Energy (NYSE:CHK). Based on the history these shale pioneers have endured to bring the shale industry to where it is today, you can bet they aren't that worried, because they have been through much worse than just slipping oil prices.
In the most recent energy episode of Where the Money Is, Motley Fool energy analyst Tyler Crowe sits down with Gregory Zuckerman, author of The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters, to talk about these founders of the modern U.S. oil and gas industry, how their companies got started in the shale revolution, and how the trials and tribulations of developing shale could help them endure today's market.
The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools dno't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.