US Shale Sector Was Created for Foreign Policy Reasons, Now They’re Going to Let it Die (FTN Audio + Transcript)
by Jazzhands McFeels (Truth to Power)
Almost no industry has been so severely impacted as the American oil industry. Negative prices. Forced shutdowns. Millions of jobs gone that will never come back because the enormously over-leveraged companies that employed them are gone forever.
In this clip Jazz and James discuss the leveling of the American oil industry, why it’s intentional, and why it matters.
Transcript follows below.