Thread regarding Baker Hughes Inc. layoffs

Barrels ate headed to $10

Price is headed into the teens or lower towards the end of this decade and beyond for a couple of reasons. America AND the world ate quickly moving towards alternative energy and the industry support. This technology is already in place, well into development, and its accelerating. Also there is no petro shortage. There will be intermediate price increases even due to war but these are temporary with the long term trend permanently down. Our oil service industry is old hat and corporate America is now at the dawn of a new energy industrial era.

Companies with either evolve or become extinct.

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The barrel of oil is headed to $10 dollars.

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