[Peakoil-announce] Antony Barry shared an article with you from Pocket

[Antony Barry]

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The big bust in the oil fields
https://www.washingtonpost.com/news/wonk/wp/2016/03/25/the-big-bust-in-the-oil-fields/?wpisrc=nl_draw

Quote from the article:
The U.S. oil industry, having grown into a giant on par with Saudi Arabia’s, is shrinking, with the biggest collapse in investment in energy in 25 years. More than 140,000 have lost energy jobs. Banks are bracing for tens of billions of dollars of defaults, and economists and lawyers predict the financial wreckage will accelerate this year.

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Shared from Pocket (http://getpocket.com)
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