All that really matters is the price of a barrel of oil. It went from $75 to $64 between April 2nd and April 8th. That makes it hard up make money pumping oil out of fracked horizontal wells. I think below $60 and the turn those off.
You’d think the face eating leopards would be getting full, but they seem to be just getting started.
Looks like the petro companies paid their bribes…I mean…inauguration donations.
The US oil industry is collapsing. They can’t make much profit.
Rig count
Peak oil
Production drop
Tariffs
All that really matters is the price of a barrel of oil. It went from $75 to $64 between April 2nd and April 8th. That makes it hard up make money pumping oil out of fracked horizontal wells. I think below $60 and the turn those off.
You’d think the face eating leopards would be getting full, but they seem to be just getting started.