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Oil Boom and Bust
Precious Metals Investing
English - January 31, 2016 16:18 - 6 minutes - 4.25 MB - ★★★ - 6 ratingsInvesting Business Education investing paulmladjenovic preciousmetals preciousmetalsinvesting tedsudol Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Ted Sudol interviews Paul Mladjenovic at www.preciousmetalsinvesting.com about the energy sector. The oil boom fueled a lot of debt. Energy companies that pile on debt are now having problems servicing that debt. Saudi Arabia produced at high levels to cause difficulty for high cost producers now are forced to pump at high levels and low oil prices for revenue to meet their people's needs.