Ernest Scheyder, Reuters Journalist & oil expert, talks Whiting Oil Company bankruptcy
In recent news, Whiting Oil Co. declared bankruptcy and just before that, the Whiting Petroleum Corp.'s board approved a $14.6 million cash bonuses for their top executives. Meanwhile, folks across the Midwest are struggling to make ends meet amid the COVID-19 pandemic, and it has many people shaking their heads as to why the cash bonuses were given. In this podcast episode, host Joel Heitkamp visits with Ernest Scheyder, a Reuters Journalist and oil expert, about the bankruptcy and the oil markets in general right now.