A woman across from me at the gas pump asked, rather exuberantly, “Who do we have to thank for these low gas prices?” The price for the day was $1.88 a gallon. “Low oil prices,” I said, “and the industry is hurting. People are losing jobs.” I might have tamped down her enthusiasm a bit.

After essentially five years of an ongoing downturn, the oil and gas industry is desperately seeking solace. The bad news, in my opinion, is not yet. 2020 will be a year of continued trial by fire.

And that’s not a bad thing.

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