If the problem was only supply and demand, supply would have been cut a long time ago and prices would have risen; and SandRidge Energy, along with a number of other companies, would all be saved.
The problem is that the whole idea with over production by Saudi Arabia, is to ensure that every company like SandRidge Energy goes bankrupt and is ruined. Saudi Arabia will not stop over producing until that happens.
That is where the problem is and why SandRidge is dead in the long term. Saudi Arabia will not stop over production until all of the companies like SandRidge are ruined, bankrupt and dead.
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