Sabine is just the latest U.S. oil producer to show signs of financial stress in the oil market crash. Oil producers Quicksilver Resources, Dune Energy, BPZ Resources and American Eagle Energy have all filed for bankruptcy protection this year.
Kayakers gathered in formation and hoisted signs and banners that read: “Climate Justice,” ”Oil-Free Future,” ”Shell No, Seattle Draws The Line,” and “We can’t burn all the oil on the planet and still live on it.”
For the townspeople of Karnes City, it’s like nothing ever changed: Roughnecks pack into Stripes gasoline station by the dozens to load up on Doritos and Slim Jims at the end of their shift; giant drilling rigs dominate the horizon in all directions; and the roar of tanker trucks and industrial machinery is never-ending.
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