Trump told reporters that he expects Saudi Arabia and Russia to end their price war in a “few days.” Denver based Whiting Petroleum said Wednesday…
Tag: Layoffs
FED: Third of Americans will be unemployed
Compared to other slowdowns in the Oilfield, Workers today will have a much harder time. Today’s Laid off oilfield workers will need to compete against…
THE U.S WILL HAVE NO CHOICE BUT TO SHUT IN WELLS
Oil industry braces for biggest idling of wells in 35 years. The U.S is running out of places to store it’s vast amounts of oil…
Oops – US suspends plans to buy oil after funding is left out of $2 trillion stimulus package
The U.S. Department of Energy is suspending its plans to buy crude for the country’s Strategic Petroleum Reserve after the requested $3 billion in funding…