Their oil production sets records, US drillers aren’t backing off either, glut gets worse.
Investors are still allocating monies to broken models.
Hype mongers on Wall Street were shocked and appalled to see reality.
Disturbing references to Crisis Year 2009 crop up in Fed reports.
There’s mounting evidence oil might rebound. But what if the bust isn’t over yet?
Follow the money!
Energy companies “biding their time in the hopes they don’t have to face the music.”
Kremlin looks to Middle East and China.
No one backs off. Price plunges.
Billions down the drain in the rush to export natural gas.