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In: COVID-19 News, News Headlines

The global economic crisis caused by the coronavirus pandemic has devastated the oil industry in the U.S.

Patrick Montalban who owns Montalban Oil and Gas based in Montana says you will see a tremendous loss of jobs in the industry. He and his son are slashing their salaries in half and he plans to cut his remaining employees’ salaries by 25% and end their health insurance benefits.

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