The future of the oil industry, it seems, all depends on who you ask. Many industry insiders and experts are crying armageddon, while others say that United States shale is not only poised for a comeback, it will be better than ever. Early last month, global oil prices experienced their worst single-day setback in almost 30 years thanks to a series of unfortunate geopolitical events and a certain virus you may have heard something about. China was the first country to have to all but shut down its entire economy to stop the spread of coronavirus, and whenever anything happens to the second-largest economy in the world, the rest of the world is certain to feel the aftershocks. First, the demand for oil plunged. This prompted discussions between the OPEC+ leaders of Saudi Arabia and Russia to enter talks to determine how they would respond to this setback. The […]