JPMorgan Chase financed leading global fracking companies and fracked oil and gas companies to the tune of nearly 56 billion U.S. dollars in total from 2016 to 2023. In the same period, fracking companies received 49.4 billion U.S. dollars from Citi in financing.
Cumulative financing of fracking and fracked oil and gas pipeline companies by selected banks worldwide from 2016 to 2023
(in million U.S. dollars)
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Rainforest Action Network. (July 11, 2024). Cumulative financing of fracking and fracked oil and gas pipeline companies by selected banks worldwide from 2016 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved February 18, 2025, from https://www.statista.com/statistics/1093793/global-funding-fracking-industry-oil-gas-pipeline-bank/?__sso_cookie_checker=failed
Rainforest Action Network. "Cumulative financing of fracking and fracked oil and gas pipeline companies by selected banks worldwide from 2016 to 2023 (in million U.S. dollars)." Chart. July 11, 2024. Statista. Accessed February 18, 2025. https://www.statista.com/statistics/1093793/global-funding-fracking-industry-oil-gas-pipeline-bank/?__sso_cookie_checker=failed
Rainforest Action Network. (2024). Cumulative financing of fracking and fracked oil and gas pipeline companies by selected banks worldwide from 2016 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: February 18, 2025. https://www.statista.com/statistics/1093793/global-funding-fracking-industry-oil-gas-pipeline-bank/?__sso_cookie_checker=failed
Rainforest Action Network. "Cumulative Financing of Fracking and Fracked Oil and Gas Pipeline Companies by Selected Banks Worldwide from 2016 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 11 Jul 2024, https://www.statista.com/statistics/1093793/global-funding-fracking-industry-oil-gas-pipeline-bank/?__sso_cookie_checker=failed
Rainforest Action Network, Cumulative financing of fracking and fracked oil and gas pipeline companies by selected banks worldwide from 2016 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1093793/global-funding-fracking-industry-oil-gas-pipeline-bank/?__sso_cookie_checker=failed (last visited February 18, 2025)
Cumulative financing of fracking and fracked oil and gas pipeline companies by selected banks worldwide from 2016 to 2023 (in million U.S. dollars) [Graph], Rainforest Action Network, July 11, 2024. [Online]. Available: https://www.statista.com/statistics/1093793/global-funding-fracking-industry-oil-gas-pipeline-bank/?__sso_cookie_checker=failed