Commentary: Rumors of oil’s death have been greatly exaggerated

M. Ray Perryman Ray Perryman Among the myriad industries affected by the COVID-19 pandemic is one particularly critical to Texas: oil!As much of the global economy shut down to slow the spread of the virus this spring, fuel demand plummeted. Prices plunged, with futures contracts even briefly going negative.The industry initiated a rapid shutdown of drilling […]

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