Shale Out!

From the team at CFACT ~

By Mark Mathis of The Clear Energy Alliance ~

Russia and Saudi Arabia are trying to exploit the COVID 19 crisis and force U.S. shale oil producers into bankruptcy by flooding the market with oil, dropping the price as low as $20 a barrel. Should the Trump Administration bailout producers who are overextended? Here’s our perspective on the question of a “SHALE-out”.

The Committee For A Constructive Tomorrow (CFACT) defends the environment and human welfare through facts, news, and analysis.

Read more excellent articles at CFACT  http://www.cfact.org/

Tagged: CFACT (Committee For A Constructive Tomorrow), COVID-19, Oil Price Manipulation, Oil Security, Shale Oil Reserves

Posted in: Freedom, Politics, Power Hungry, Security