Baker Hughes US oil rig count 504 vs 562 prior

They're shutting down in a hurry
US rigs are in freefall.
There's an interesting question about OPEC strategy. If I were them, I'd want to put shale on a long-term sustenance diet, rather than immediate starvation. If you force everyone into bankruptcy, Exxon and Chevron come in and buy everything at 2-cents on the dollar and the