| Author | Message | ||
Tintin Comedian Username: Tintin Post Number: 1090 Registered: 01-2018 Posted From: 27.59.235.235 Rating: N/A |
$40-45 will give decent 15% return.. shale is tech driven, effeciency multiplies with every new tech introduction over and above all the stressed shale companies are acquired at junk value.. those investors will make a killing at $35 also Us lo Rig count perugutundi arachakam ga.. saudi measures shale on this basis | ||
Brightlife34 Side Hero Username: Brightlife34 Post Number: 2960 Registered: 11-2017 Posted From: 24.51.216.3 Rating: N/A |
I don’t know the current trends but this is the reason behind previous shale boom The control of pricing is massively reduced for opec Us invested in shale big time and any price above 70-80$ makes shale viable Literally US has Saudi’s by their balls If this has happened in practice then I think lot if credit goes to Us and their thinking | ||
Tintin Comedian Username: Tintin Post Number: 1089 Registered: 01-2018 Posted From: 27.59.235.235 Rating: N/A |
US shale boom...Crashed by $20/bbl WTI in a matter of 45 days.. production cut is failed startegy-saudi accepts internally Shale production can be ramped up like a flush.. just like opening a tap when prices are high and the product floods the market proven, Cartel cant control commodity anymore.. just to give you an idea of scale.. 80% of the world’s shipping cargo is Oil Oil and gas is finally democratised |