U.S. OIL MAJORS BIG TROUBLE IN 2020: Robbing Peter To Pay Paul

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Posted by SRSrocco in Energy, Silver Members on November 11, 2020 — 9 comments

Debt levels at the two largest oil companies in the United States surged this year due to low oil prices and falling demand.  While the global oil industry experienced financial hardships due to the pandemic, the worst damage occurred in the domestic U.S. shale oil sector.  For example…

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