The Detroit News | Oil giants can't hide from doomsday market The Detroit News Given the plunge in crude and natural gas markets, “you cannot recover, no matter how efficient you are,” Fadel Gheit, an analyst at Oppenheimer & Co., said during an interview with Bloomberg Television. “The industry cannot survive on current oil ... Oil giants find there's nowhere to hide from doomsday market Cheaper oil sends Exxon, Chevron to worst quarter in years Oil Price Retreat Slams Producers -- WSJ |