re: Is there going to be another retraction in oil prices?

quote:

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Some frakers can make money in the $20's.

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I honestly have a hard time believing this. I've seen the numbers from a WI perspective and the AFE amounts and actual recoveries don't come close to making sense at lower prices levels. I saw recently where EOG needed $34-$37 to breakeven in several areas and I think they have to possess one of the best group of assets of any shale producer.