Chart Of The Week: The Collapse Of The U.S. Oil Drilling Rig Count Spells Big Trouble Ahead
July 06, 2020 at 05:51 AM EDT
U.S. Energy Independence that lasted for less than one year, is over. With the collapse of the domestic oil drilling rig count, U.S. shale oil production will begin to fall off a cliff in the next 3-6 months.