US shale oil drillers finally buckling as OPEC pumps on

28 February 2016, News Wires – For more than a year, American oil producers found a way to keep pumping despite a worldwide slide in crude prices. Like cartoon character Wile E. Coyote, U.S. drillers dashed off the cliff and somehow kept running in midair, maintaining volumes even as revenue plummeted. Drilling companies’ latest projections, released […] More »