Wednesday, 13 January 2016
Tumbling oil prices are boon for consumers, but US energy sector layoffs, bankruptcies loom — The price of crude oil has dropped 17 percent since the beginning of the year, reaching a 12-year low of $30 a barrel. That’s good news for US consumers, but the oil industry is ordering layoffs, and shale companies could be on the verge of bankruptcy : RT USA
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