What the US Oil Sector Must Do to Survive | Mark Rossano

The plummeting global demand due to COVID-19 lockdowns has tanked oil prices and put producers in dire straits.

For Mark Rossano, CEO of C6 Capital Holdings and a Bloomberg TV contributor on energy markets, the price war is just heating up.

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He argues we haven't seen peak oil demand yet, and that the US energy industry is headed toward an era of consolidation with a host of bankruptcies.

In this week's segment with the Discovery Group, David Terry, CEO of Genesis Metals (TSX-V: GIS), explains how the promising gold project in Quebec keeps pressing ahead amid COVID-19 containment measures.

Show notes: https://goldnewsletter.com/podcast/what-us-oil-sector-must-do-to-survive/ #Oil #COVID19 #Energy

𝗠𝗮𝗸𝗲 𝘀𝘂𝗿𝗲 𝘁𝗼 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝘁𝗼 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿𝘆 𝗚𝗿𝗼𝘂𝗽 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝘂𝗽𝗱𝗮𝘁𝗲𝘀, 𝘃𝗶𝗮 𝗵𝘁𝘁𝗽𝘀://𝗯𝗶𝘁.𝗹𝘆/𝟮𝗫𝗰𝟮𝘆𝗤𝗨
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0:00 Interview with Mark Rossano - Part One
13:25 Interview with sponsor Genesis Metals - David Terry
19:30 Interview with Mark Rossano - Part Two