Why US is interested in higher Oil Prices

Published: Thu, 08/23/18

August 23, 2018 View in browser
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Official Post from SRSroccoReport: The massive debt accumulated by the U.S. Shale Industry is now decimating company profits. As company debts and interest rates rise, these shale producers interest expense also continues to increase. Debt service is not only cutting into company profits, but it also takes a great deal of oil and