US Oil Producers May Drill Themselves Into Oblivion

US Oil Producers May Drill Themselves Into Oblivion

Remember the Fall of 2008? As the world spun out of control and the price of everything crashed, a barrel of oil lost 70 percent of its value over about five months. Of course prices never should’ve been as high as $146 that summer, but they shouldn’t have crashed to $40 by the end that year either.

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