HandleTheTruth
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- Apr 26, 2022
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U.S. oil producers on pace for most bankruptcies since last oil downturn
Oasis Petroleum Inc and Lonestar Resources US Inc's bankruptcy filings are the latest in a slew of restructurings that put oil-and-gas producers on track for their biggest year of bankruptcies since the 2016 shale downturn.
![www.reuters.com](https://www.reuters.com/article/_next/static/images/favicon-16x16-e88bf4a1cca78d8c9db77bee8317e193.png)
Glad he went and made a deal with the saudis to produce more oil and push american oil companies out of business.