Pickens: Oil Prices to End Year Between $50 and $60

The video discusses the decline in drilling rigs and its impact on oil production. It highlights the rapid decline of shale wells and the role of technology in quickly resuming production. The discussion also covers the economic impact on the workforce due to rig shutdowns and the current trends in oil production and rig counts.

What challenges do workers face when returning to work on drilling rigs?

What is the projected oil production level by the end of the year according to the text?