and start with the Leadership
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But layoffs across the oil industry are mounting, and bankruptcies among oil companies are expected to soar. BP announced layoffs of 4,000 workers on Tuesday January 12, 2016. Fadel Gheit, an analyst at Oppenheimer & Co, says as many as half of the independent drilling companies working in U.S. shale fields could go bankrupt before oil prices stabilize.
It's just a matter of time now.