New York The shale industry that made the United States the leading oil and gas producer on the planet is facing its deepest crisis yet.
Oil prices are in free fall, slammed by a perfect storm of shrinking demand and swelling supply. The crude crash threatens to set off a cascade of bankruptcies and layoffs in an industry that was built on shaky financial ground marked by heavy debt.America's shale oil industry is caught in the crossfire of an epic battle between Russia and Saudi Arabia.
The coronavirus will come and go. America is built to withstand unforeseen events like this. We bounced back after 9/11, 2008 recession, swine flu and 12,000 + deaths, numerous hurricanes, etc.
would you please release our tax returns the Corona virus reached our state. if we can't go to work we are in big trouble.around here even the electric companies don't give you an inch of leeway. thanks your friendly neighborhood taxpayer.