Can the North Sea Survive the Oil Price Crash?

That’s the true target of Russia and Saudi Arabia. They know that they cant kill shale. Shale is like tardigrades – those buggers survive almost anything. But expensive North Sea oil, Canadian Oil Sands, Deep Sea oil and sour oil – those will suffer and some of it will go away. That’s the hope at least. They just did not count on COVID-19 putting Viagra into their plan.

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