Fracking isn't going to be sustainable at 30 dollars a barrel. Unless Saudi quits flooding the market, it is going to be a tough year for the industry.
Fracking isn't going to be sustainable at 30 dollars a barrel. Unless Saudi quits flooding the market, it is going to be a tough year for the industry.
That's exactly why the Saudis are flooding the market.
But I suspect you know that already.
;-)
That's exactly why the Saudis are flooding the market.
But I suspect you know that already.
;-)
They are telling us it is to mess with the Russians, but both Russia and Saudis will be happy to hurt shale production.
They are telling us it is to mess with the Russians, but both Russia and Saudis will be happy to hurt shale production.
Indeed. Both Russia and the Saudis benefit when US oil production tanks.
Indeed. Both Russia and the Saudis benefit when US oil production tanks.
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