[jyl]

Originally Posted by aigel

Other areas of businesses go through cycles on a regular basis, i.e. the semiconductor industry or housing. It may be time the oil guys get a taste of the real world out there.

Short term this may be bad, but long term low oil prices will be a huge boost for the economy - if it holds up reasonably well.

G

Isn't boom and bust a well known thing in the oil industry?. For the more veteran participants, anyway?