Exxon is staying unnervingly quiet.
“We have reason to believe that Russia is eyeing a re-emergence in Cuba.”
Another casualty in energy’s hardest-hit sector. But this one was set up to fail.
Their oil production sets records, US drillers aren’t backing off either, glut gets worse.
Even the big names in the sector are running into trouble.
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!