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re: OT spin off: future of driller and oil services companies
Posted on 7/8/17 at 1:02 am to FunroePete
Posted on 7/8/17 at 1:02 am to FunroePete
Pretty much spot on.
We have come to a point where no one can afford to cut production, there are literally whole countries at stake. Only thing that will balance it out is increased demand which I dont see rising drastically in the near future or a drastic unseen disruption in supply such as a war.
We have come to a point where no one can afford to cut production, there are literally whole countries at stake. Only thing that will balance it out is increased demand which I dont see rising drastically in the near future or a drastic unseen disruption in supply such as a war.
This post was edited on 7/8/17 at 1:03 am
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