Some production is being shut down: https://www.wsj.com/articles/north-americas-oil-industry-is-shutting-off-the-spigot-11586770200 https://www.wsj.com/articles

Some production is being shut down: https://www.wsj.com/articles/north-americas-oil-industry-is-shutting-off-the-spigot-11586770200 https://www.wsj.com/articles/north-americas-oil-industry-is-.... The costs of stopping and restarting are high: https://www.argusmedia.com/en/news/2092308-us-stripper-wells-among-first-to-face-shutdown-rystad https://www.argusmedia.com/en/news/2092308-us-stripper-wells....