Free Republic

Fewer and fewer oil exploration and production companies are declaring bankruptcy. But more oilfield service companies are. So far this month, only one North American E&P firm filed for Chapter 11 protection, according to data released on Tuesday by the Dallas law firm Haynes & Boone. That’s down from two in September, three in August and four in July. But it’s been an especially tough few months for service companies. As crude prices began crashing in 2014, drillers started idling rigs. That led to fewer jobs for the companies that make their money helping producers pump oil and gas. Moreover,...

As a hardcore Cruz supporter, I still wish he was our nominee, but he's not. I have said for over a year that regardless of who the nominee is, the Republicans will win the election come November. Now I agree that anything can change over the long hot Summer, but for now it looks like Trump will not just win, but he will will probably win in a landslide we have not seen since Renaldo Maximus won in 1980 & 84. As usual, when a market economy candidate replaces a socialist Big Government commie in the White House, the economy...