RE: Oil Industry Threatened by Corona 10-09-2020, 05:14 AM
#9
Just lost my job in the Oil & Gas sector. Many of these companies are more worried about profit margins than their employees, and they did nothing to prep for an oil price drop, they just keep acquiring more debt and acting like the price could only go up. Many of these companies are filing for Chapter11 if they aren't sitting on a lot of cash.


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