My speeches and writing over the past two months have focused on ‘The Crisis of Balance Sheets’ that exists in our industry today. Low commodity prices don’t help, but it’s the structural capitalization that is and will remain the core issue that dominates the landscape in 2020. Some may have been surprised by the $HK, $SN, $EPE and $AMR chapter 11 filings this year- but that just meant you weren’t looking and I want to make sure that doesn’t happen again. So this week,...