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re: Oil Field Rumblings
Posted on 11/10/16 at 4:49 pm to ibleedprplngld
Posted on 11/10/16 at 4:49 pm to ibleedprplngld
quote:
It's certainly possible. I'm not well versed in how much regulation effects the bottom line but I'd assume any cost saving results in greater profits.
You need to get to the point where you're making profits though, which many are not at right now. Deregulation would help get it closer but it won't drive it down that much. The market needs to rebalance and that's going to take time and help from producers overseas
This post was edited on 11/10/16 at 4:50 pm
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