A non trivial part of the economy depends on oil prices staying above a certain level. Producers and Services companies in particular. That's a lot of jobs. We

A non trivial part of the economy depends on oil prices staying above a certain level. Producers and Services companies in particular. That's a lot of jobs. We are likely looking at further lay offs and mass defaults on bonds. Also possible environmental impact from abandoned wells, or defaulting on cleanup obligations. Probably more I'm missing.