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re: Dallas Fed: Surging Costs Hamper U.S. Shale Growth
Posted on 6/24/22 at 7:47 am to ragincajun03
Posted on 6/24/22 at 7:47 am to ragincajun03
quote:
and costs are substantially increasing
True their costs for equipment and services are increasing, but still not as high as pre- pandemic and certainly not as high as they were in 2014.
Service companies slashed their prices during Covid. Funny how quick the Operators ask for “cost reduction during these challenging times” but are in no hurry to allow you to raise price when price of oil quadruples.
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