When an oil bust takes hold in West Texas, no one is spared: Drilling rigs gather dust, barber chairs sit empty, trainees leave of school and lines swell at the food bank.
The collapse in the wake of the new coronavirus has been traditionally brutal. In a matter of weeks, international demand for oil shriveled by more than 20%this spring, as people hunkered inside and stopped flying and driving. Oil costs crashed. A fracking market that had actually pressed American production to a world-leading 13 million barrels a day went into …
source https://jobsearchtips.net/this-is-what-it-appears-like-when-a-texas-oil-boom-busts/
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