Way back in March, a veritable eternity ago if you measure by the daily news cycle, Oilprice reported that high oil prices were coming down the pike, and while oil execs celebrated their long, painful comeback, consumers would be the ones to pay the price at the pumps . And now, at long last, that prophecy is coming to pass in full force. Oil has been to hell and back in the last 18 months. The pandemic gave a rough and bumpy ride to nearly every industry and economic sector out there, but few felt the full force of the novel coronavirus’ devastation and disruption as acutely as the oil and gas sector. In early 2020, as the COVID-19 pandemic was just beginning to sweep the globe, OPEC and its allies, most notably Russia, entered into talks to decide how to address the sudden drop in oil demand as […]