Oil Industry Braces for Biggest Idling of Wells in 35 Years
An oil pumping jack, also known as a ‘nodding donkey,’ operates in an oil field near Samara, Russia. (Photographer: Andrey Rudakov/Bloomberg)  

Oil Industry Braces for Biggest Idling of Wells in 35 Years

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(Bloomberg) -- Only the old hands at the Coffeyville oil refinery could remember anything like the prices posted this month. The small Kansas plant in the heart of rural America was offering just $...
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