Just FYI to everyone that follows the oil markets….
Canary LLC, one of the largest wellhead services (drilling equipment) companies in the US issued a notice today that it cannot pay its employees.
Tough times in America’s oil patch or are they just an anomaly?
Our hearts and minds go out to those affected by this news. – Chris
If you are serious about improving your knowledge of commodities and other financial markets, please click the Subscribe button that’s below the snapshot to receive our Daily and Weekly posts.
Thanks in advance! - Chris
(Source: Facebook (Bakken Oilfield Fail of the Day))
NOT FINANCIAL/TRADING ADVICE!
There is a side effect of having “$1.98/gallon” gas.
Tick, Tick, Tick…..