by Michael McDonald
Oil Price
For a while there in January and early February investors started to get truly nervous about the energy sector. Everyone knows the energy industry itself is in trouble, but earlier this year there was increased concern about energy woes spilling over into the broader economy as China and the EU added their own troubles to the mix. Those fears have been alleviated in part due to the limited rebound oil prices have seen in the last few weeks. It’s too soon to tell if the worst is truly behind us, but for energy companies any salvation may already be too little too late.