While we may have really enjoyed the low gas prices over the holiday weekend, the oil industry had quite the miserable time. Today’s article explains what happened, “energy prices have been on a slip and slide ride for the past few months due to concerns about sluggish demand out of Europe and an economic slowdown in China. But the supply part of the equation is also a bit out of whack lately. The United States has boosted its output of oil thanks to the shale gas boom in North Dakota, Pennsylvania, Texas and other states.” To read more, CLICK HERE.
