Are you talking about the traditional big producers like Exxon, or the small shale oil boom companies that represent a fractured, fragmented market?
A lot of those small companies will eventually go bust or get bought out, probably by Domestic Big Oil companies or ones like BP or Shell.
Of course, I’ve been saying that there are too many microbreweries in San Diego for years, yet the number keeps going up. Sometime the craft beer market has to consolidate… right?
