What the US Oil Sector Must Do to Survive

Fergus Hodgson, May 1, 2020 rss iTunes SoundCloud-logo Bitchute

LISTEN ON SPOTIFY | WATCH ON BITCHUTE

The plummeting global demand due to COVID-19 lockdowns has tanked oil prices and put producers in dire straits.

For Mark Rossano, CEO of C6 Capital Holdings and a Bloomberg TV contributor on energy markets, the price war is just heating up.

FREE: Get Brien Lundin’s Top Two Mining Stocks!

He argues we haven’t seen peak oil demand yet, and that the US energy industry is headed toward an era of consolidation with a host of bankruptcies.

In this week’s segment with the Discovery Group, David Terry, CEO of Genesis Metals (TSX-V: GIS), explains how the promising gold project in Quebec keeps pressing ahead amid COVID-19 containment measures.

Recommended Links

 

If You Liked This Episode

 

Fergus Hodgson is Gold Newsletter’s roving editor. Follow him on Twitter and Facebook.