The oil industry is well set up: Cowen analyst
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Jason Gabelman, Cowen analyst, joins "Squawk on the Street" to discuss the oil industry amid falling prices. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIviÂ
Ha ha ha ha ha ha ha. Chase bank scam in 2008 had oil at $150/barrel and price driven overcapacity is staying on line (for another 20 years). Even 2019 demand has not returned. Oil is a long term loser.
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oil has been getting rich since we went to war 20 years ago. There time is up
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I love your wording. Pretty much oil companies are lowering supply to raise profits. Can not wait for them to all go under
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