Wall Street Won't (can't) Abandon Shale Oil So The Oil Just Keeps On Flowing

Saudi Arabia may be battling moron money.
From Reuters:

RPT-Struggling U.S. oil producers get credit lifeline amid downturn

An autumn credit crunch was expected to hit many independent U.S. oil producers, starving the industry of billions of dollars and further denting company budgets and drilling plans.

But banks that adjust their loans to energy companies every six months based on the oil