President Trump's executive order to expand offshore drilling may be a long-term positive for a beaten down industry, but it's not a near-term solution.
Overextended oil driller Seadrill currently teeters on the edge of bankruptcy. Peer Transocean might not be far behind.
Seadrill's stock is in free fall, with scant chance of recovery. Here's why it could drop to zero.
It has been a wild ride thus far, and we've only completed one round of action.