Oil industry teetered 'close to bankruptcy,' but experts see signs of hope

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http://i.cbc.ca/1.3769737.1474326353!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_460/dollar-markets20141002.jpg As the Canadian oilpatch slowly emerges from a two-year price collapse, one investor suggests the industry would have gone belly up if the downturn had dragged on for another year.


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