Small biz feels the pain: stuck between Covid-19 pandemic and the Russia-OPEC oil feud

First it's hit by an oil feud between Russia and OPEC, then it's clobbered by a global pandemic that crushes demand for fuel. The U.S. shale oil industry and the small businesses that provide services to it are hurting. Demand dried up overnight for Colorado-based Elevate Energy Services, the company provides infrastructure and water for the hydraulic fracturing process in CO, WY, ND & NM, the co-founder Craig Horn candidly shares the story of his company's struggle and crippling layoffs.
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Wed, Apr 29 20207:02 PM EDT