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re: Texas oil and gas expansion frustrates OPEC production cuts

Posted on 6/13/17 at 12:12 pm to
Posted by BallHawk
Orlando
Member since Jul 2011
5744 posts
Posted on 6/13/17 at 12:12 pm to
Unless we get to energy independence where the global price of oil no longer matters this isn't good news for the industry. I don't know why producers here can't think past the next payday.
Posted by SamuelClemens
Earth
Member since Feb 2015
11727 posts
Posted on 6/13/17 at 12:14 pm to
quote:

I don't know why producers here can't think past the next payday.


Its bc those old oil barons in TX have one foot in the grave and are grabbing and scratching for that last $500,000,000.00
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