2020 has been a dark year for the oil industry across the world. In the US, smaller oil producers all across the country have packed up and left their wells, as crude prices have sank to unprofitable territories. So far, Exxon and Chevron, have so far been able to survive the worst of the pandemic, but last week, the two companies reported drastic actions aimed at helping them survive the economic crisis. POLITICO Energy editor Matt Daily explains. Anthony Adragna is an energy reporter for POLITICO and host of POLITICO Energy.Matt Daily is the Energy editor at POLITICO and editor of the POLITICO Energy podcast.Carlos Prieto is a Politico podcast producer.Jenny Ament is the senior producer of POLITICO audio.Irene Noguchi is the executive producer of POLITICO audio. Learn more about your ad choices. Visit megaphone.fm/adchoices