Have the Saudis Bankrupted U.S. shale oil companies?

US Oil Sector Bankruptcies To Rise In 2016 As 'Panic And Fear' Grip Industry


the US shale-oil industry gripping to a prayer that the industry could see a full recovery after 130 US oil and gas companies have been forced into bankruptcy




$50 Oil Not Enough for US Shale Oil Comeback, Needs to Hit $75/bbl: Ward
With crude benchmarks in the high $40's last week, Tom Ward, co-founder of Chesapeake Energy, Friday exploded what has become a widely-held assumption that $50 oil will inspire moribund U.S. shale producers to resume activities and possibly cause a retaliatory hike in Middle East production, thus ruining a fragile market recovery and sinking bunker prices along with it.