Edoardo Cignoli : U.S. Oil Firms Face Prisoner's Dilemma

If the global glut of oil that has sent crude prices plunging has come largely from the U.S., why aren’t American energy companies turning off the tap? The catch: Each one of them is waiting for a rival to do so first.



via WSJ.com: US Business http://ift.tt/1HwwBjP