Oil Companies Bankruptcy.

[hurleyjd]

This is the ups and downs of the oil industry as it is with any business. It will hurt all of us eventually

https://finance.yahoo.com/news/north-american-oil-company-bankruptcies-184043339.html

 

[Caustic Burno]

This is the ups and downs of the oil industry as it is with any business. It will hurt all of us eventually

https://finance.yahoo.com/news/north-american-oil-company-bankruptcies-184043339.html

Absolutely nothing new the industry has been boom to bust from inception.
Just look for the brands that have been bought out or went under in the Clinton administration alone.

 

[sim.-ang.king]

This is the ups and downs of the oil industry as it is with any business. It will hurt all of us eventually

https://finance.yahoo.com/news/north-american-oil-company-bankruptcies-184043339.html

Absolutely nothing new the industry has been boom to bust from inception.
Just look for the brands that have been bought out or went under in the Clinton administration alone.

True for any commodity based industry, including ag. Your either high on the hog, or in the poor house.

 

[Allenw]

Drilling has slowed way down here. It's tough on people losing their jobs but that's the nature of the business.