The sudden economic stop caused by COVID-19 will have a lasting effect on the Economy and will be felt by almost every American. A recession…
Tag: The Great depression of 2020
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…
Brent crude was up $2.10, or 8%, at $26.98 a barrel
After getting tired of losing Market share to American oil Russia and Saudia Arabie are dumping oil at prices the market hasn’t seen the lowest…
Mnuchin warns U.S jobless rate could hit 20%…
Treasury Secretary Steven Mnuchin raised the possibility with Republican senators that U.S. unemployment could rise to 20% without government intervention because of the impact of…