Financial Advice for Retirement, Social Security, IRAs and Estate Planning

Slowdown in Oil?

Here’s a brief post that points out a sharp slowdown in new oil rigs in the U.S. Most of this year commentators have pointed out that U.S. shale producers continue expanding, despite a decline in oil’s price. It could be we’re reaching a point when oil prices are too low for their efforts to be profitable.

 

 

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