Quote:
Originally Posted by CampbellsTransgressions
US production is down the 4th or 5th week in a row, and the rig count has fallen quite substantially.
The most important question IMO is whether the banks will lend them the money needed to start drilling again.
Things are starting to look good.
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Just had a American DD company get their cash pulled by the Bank at the 11th hour last week! Hence layoffs at my company...