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Doom and Gloom for North American Oil Producers
To the dismay of U.S. shale producers, oil prices continue their long slow slide into the abyss. Perhaps the current price of $35 per barrel – an 11 year low – is the final destination. More than likely, however, it’s … Continue reading
Posted in Economy, MN Gordon
Tagged bankruptcy protection, oil hedges, oil prices, oil producers, opec
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