The Traderszone Network

Published in TZ Latest News 23 January, 2015 by The TZ Newswire Staff

Oil Dinosaurs Face Extinction: State Oil Companies And The Meteor-Strike Of Low Oil Prices

Submitted by Charles Hugh-Smith of OfTwoMinds blog,

State-owned oil companies that don’t slash expenses to align with revenues and boost critical investment in the infrastructure needed to maintain production will suffer financial extinction.

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