On March 9, 2020, National Public Radio’s Marketplace show aired a segment across >800 US radio stations about the oil price fall-out’s impact on US oilfield activity.
Their piece draws insights from our research update published for Infill Thinking subscribers earlier that day titled “On Black Monday, A Double Black Swan Leaves Us Staring Into A Black Abyss“, and Infill Thinking’s research team spoke with NPR for a quote in the piece, which you can hear or read below.
Oil price war: U.S. drillers feeling immediate pain – Marketplace
“Double black swan.” That’s how oil analyst Joseph Triepke described the pained oil and gas market in the United States: slammed by soft transportation demand due to the COVID-19 illness, and now body-slammed by a price war initiated Friday and over the weekend by Russia and Saudi Arabia.
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