David Dismukes: Irreparable changes are coming to the American oil and gas industry

“For 35 years, 1986 has served as the bellwether year against which all U.S. oil and gas industry downturns have been measured.

This is no longer the case.

From this point forward, 2020 will stand as the year in which fundamental changes, likely more widespread than those that occurred in 1986, will be remembered. These changes are the result of dual crises that are an existential threat to American oil and natural gas producers and their service and support company counterparts. ”