Oil prices are declining once again. Small oil operators are hurting. Throughout the decades, these small E&P outfits have endured market downswings, vicious weather, and profit constrictions.
But this year all these crises have come at once.
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -
Oil prices are declining once again. Small oil operators are hurting. Throughout the decades, these small E&P outfits have endured market downswings, vicious weather, and profit constrictions.
But this year all these crises have come at once.
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -
Oil prices are declining once again. Small oil operators are hurting. Throughout the decades, these small E&P outfits have endured market downswings, vicious weather, and profit constrictions.
But this year all these crises have come at once.
Here's why the price of oil is slipping out of control...