Author Topic: Coronavirus Continues Toll on Oil Industry: Largest North Dakota Producer Shutting Down Operations  (Read 313 times)

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Coronavirus Continues Toll on Oil Industry: Largest North Dakota Producer Shutting Down Operations

Penny Starr 24 Apr 2020

The toll the coronavirus is taking on the all-but-shuttered U.S. economy that has left more than 22 million Americans unemployed is also hurting the oil industry, including in North Dakota where the largest producer is reported to be halting production.

Based on an unnamed source “familiar with the matter,” Reuters reported on the development on Friday, just days after oil prices fell into negative territory for the first time in history. This means suppliers turned to paying people to take oil because of a lack of storage space:

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https://www.breitbart.com/politics/2020/04/24/coronavirus-continues-toll-on-oil-industry-largest-north-dakota-producer-shutting-down-operations/
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