Is the Oil Industry Off a Cliff or Just in a Down Cycle?

InsideClimate News
By Elizabeth DouglassAug 6, 2015, 6:36 am100 pts
A supply glut is prompting Exxon and Chevron to slash programs and dividends could be threatened as green energy and climate action gain momentum. By Elizabeth Douglass With the oil industry facing what could be its worst downturn in more than 45 years, the major companies are taking extraordinary, perhaps even…

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