How long before U.S. oil industry implodes?https://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/01/GS%20shale%20matrix%201.jpg Please look at this matrix, particularly the right hand side and look up some of the stock charts. Then ask yourself, how long is it going to be before the U.S. oil industry implodes? Sure, CVE has been hammered but it will survive and bounce back, not so for many of the American shale frackers listed on this chart. This guy's analyses was done some time ago and it is starting to look pretty good--just disastrous charts.