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re: Oil Wars: Why OPEC Will Win

Posted on 12/15/14 at 5:21 pm to
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 12/15/14 at 5:21 pm to
quote:

Majors will weather the storm, but you are in denial if you think everything is going to be hunky dory with the work force.


What % of the work force works shale production????

and $50-$75 futures? Broad don't ya think?????


I dont care what any of you say, $50 will not be a price it stabilizes at. Not even close.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 12/15/14 at 6:00 pm to
quote:

I dont care what any of you say,


Clearly.

quote:

$50 will not be a price it stabilizes at. Not even close.


Of course not, but anything in the sub $70 zone for a year is going to cause some serious bleeding.
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