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Looks like the petro companies paid their bribes...I mean...inauguration donations.
The US oil industry is collapsing. They can’t make much profit.
Rig count
Peak oil
Production drop
Tariffs
All that really matters is the price of a barrel of oil. It went from $75 to $64 between April 2nd and April 8th. That makes it hard up make money pumping oil out of fracked horizontal wells. I think below $60 and the turn those off.
You’d think the face eating leopards would be getting full, but they seem to be just getting started.
Oh I’m well aware. I’m a victim of the 2015 downturn when prices went from 100+ to 60 dollars.
You're parroting, almost verbatim, dialog from the fictional TV show "Landman."
Never seen it but I suppose life could imitate art.