Tuesday, January 19, 2016

POTD: Idle Oil Rigs

From 2015 11 13 Caribbean Cruise
Today's photo-of-the-day is from Galveston, Texas. It shows idle oil rigs in the Galveston Channel. Now I don't know anything about the oil industry, but I know that gasoline prices are below $2/gallon, the lowest they've been in a decade. That can't be good for the oil industry. I wouldn't be surprised if these rigs stand idle for a while longer.

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