prices remaining at current levels could spark the shale industry to collapse, a think-tank warned in a report published Wednesday. :"The sharp fall in oil prices will affect political regimes in the Middle East, especially in Saudi Arabia, Iraq and Iran, which may result in the collapse of the shale oil industry in the US, unless oil prices return to their prior levels."
Low oil prices can be particularly costly for shale producers, who extract oil by fracking, a process by which high pressure water and sand underground is pumped to fracture rock and release oil stored in the earth's crust. JPMorgan said in a note in March:"A reason for Saudi flooding the oil market is to squeeze out US oil production, which has become a major supplier in recent years."
People will hate you, rate you, break you, and shake you. How strong you stand is what makes you.
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Merkel ally criticises Trump's move to withdraw US troops from Germany - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Relax and have just have a salad 🥗😊 Relax, you still have China. Why this woman didn't invite her ally China's PLA to take place to against Russian? This women's denfence relies on US, make hundreds of billions US dollars per year from trade with US, but she anti-US in the world affairs. Trump’s throwing a hissy fit targeted at Merkel, in his typical kindergarten way. I’ll show her, we won’t be playing there anymore! Not that the USA troop withdrawal doesn’t make absolute sense now that their presence there is mindless. Trump could have given Germany a headsup
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Meet the 11 US billionaires whose fortunes have grown the most during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They thank Trump for massive debt spending monetized by the FED. What if they planned the pandemic? I mean US and UK were funding the Wuhan lab for research on Covid family . Which is being told as the outbreak source.
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A 2nd wave of COVID-19 infections is the biggest threat to US economy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Like this? Stop panicking the people. we know how to deal with it now. at the first peak we didnt need ventilators. wear masks, stay away from trouble and you will be just fine. this non-stop panicking is only making things worse.
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US officially fell into a recession in February, according to NBER - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. herdbehaviour It was New Year’s EVE 12/31/19, many citizens were lined up being seen in Wuhan China 🇨🇳 for a “mysterious pneumonia” type illness... CBS 60 minutes/ Dr. Bright Stop spreading lies please. Investors deserve better.
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