Chesapeake will not recover, and neither will the oil industry.
After 3 years of low oil prices, you still don't see the writing on the wall?
$50 oil is no more sustainable than $40 oil is, no matter what the lying media and corporate talking heads say about "cost cutting efforts taking effect."
The world is transitioning into renewable energy, but first the fossil fuels industry has to be destroyed, which is what is happening right now.
You guys all think you're such business geniuses, yet you can't even see what's going on right under your noses in your own industry.
That would be because you only believe what you want to believe, and you sure as heck don't want to believe that your industry is going down the drain.
Well, it is.