‘I’m Just Living A Nightmare’: Oil Industry Braces For Devastation
Across the United States, companies are laying off workers, shutting down wells and preparing for a prolonged slump as oil prices tumble. HOUSTON— Workers at Marathon Petroleum’ s refinery in Gallup, N.M., are turning off the valves. Oil companies in West Texas are paying early termination fees to contract employees rather than drill new wells.
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