The collapse in oil prices is hurting pretty much everyone, but some areas--core shale regions, and the Gulf of Mexico--will weather the storm better than others

Oil Price Collapse Hurting Some More Than Others

By Oilprice.com -- Nick Cunningham—— Bio and Archives--January 22, 2015

Global Warming-Energy-Environment | Comments | Back To Full Article

U.S. oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The lower count provides fresh evidence that low oil prices are forcing drillers to pare back operations and slash spending.

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