I live in a region whose wealth largely derives from oil. Everyone's answer to the low price of oil is to double down on oil (despite the fact we're one of the

I live in a region whose wealth largely derives from oil. Everyone's answer to the low price of oil is to double down on oil (despite the fact we're one of the highest cost producers in the world, and most firms are losing money on every barrel at these prices). It would be comical if we weren't in the worst local recession in 30 years...