The decline of the energy industry in the U.S. was swift in 2015 and for investors the losses were widespread. In addition, the pain spread to average Americans with an estimated 250,000 jobs lost in the oil & gas industry alone in 2015. Calls for a recovery in oil prices haven’t come to fruition and now shale drillers, big oil companies, and OPEC are in a standoff that may leave more collateral damage than anyone expected. All three hope oil rises to $100 per barrel again but each wants to take as much of that energy pie as they can. But when you look at where the oil market sits today I don’t think $100 per barrel oil is in our future, this year or ever again. OPEC can’t let oil hit $100 per barrel If you’re going to take away one thing from this article it’s that OPEC […]