A Culture Shock is Coming for Oil Drillers

June 4, 2013

1 minute read

A ‘Culture Shock’ Is Coming For Oil Drillers (via Market Shadows)

MORGAN STANLEY: A 'Culture Shock' Is Coming For Oil Drillers By Rob Wile, Business Insider Wikimedia Commons What happens to oil drillers when there's too much supply and not enough demand? Answer: "culture shock." In a new note, a Morgan Stanley led by Ole Slorer says exploration and production spending…

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