how can oil companies possibly be hurting with the huge profits they get subsidized for too? I will tell you. it's easy to waste and take billions of unearned dollars. that's why. the whole idea of fossil profits going to a few is niave and immature at best, cowardly and devastating at worst
They will survive, the big ones will. They knew this was coming, just like the did in 1985. You can bet they've been working on early retirement packages and lay off plans for the past year.
They didn't know in 2014, and they didn't know in 1985. All the libturds were claiming that drilling wouldn't make a dent in oil prices.
It's hard to know what your advocating. Do you want oil prices to go back to $150/bbl? No matter where oil prices are at, it's virtually certain that libs will find some reason to complain about them.