FILE - This Jan. 16, 2015 file photo shows pumpjacks operating at the Kern River Oil Field in Bakersfield, Calif. The price of oil topped $50 a barrel this week for the first time since July, delivering a cash infusion to oil producers and a lift to beaten-down energy stocks.
FILE - This Jan. 16, 2015 file photo shows pumpjacks operating at the Kern River Oil Field in Bakersfield, Calif. The price of oil topped $50 a barrel this week for the first time since July, delivering a cash infusion to oil producers and a lift to beaten-down energy stocks. Jae C. Hong AP
FILE - This Jan. 16, 2015 file photo shows pumpjacks operating at the Kern River Oil Field in Bakersfield, Calif. The price of oil topped $50 a barrel this week for the first time since July, delivering a cash infusion to oil producers and a lift to beaten-down energy stocks. Jae C. Hong AP

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