re: WTI Crude north of $72 today. Where is everybody?

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Why are they still in hiding?

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I can only speak about my company, but we are still in a cost-cutting mode. We recognized our fat and complacent attitude before 2014 and decided that we should be sustainable at $50. Obviously, we have slacked up on some things in the past 6+ months with the rising price, but we are very selective about hiring, and are doing much more moving own staff around the world rather than hiring and firing. We are still growing, but are being a lot more rigorous about spending control.

Note that we do not have any US assets...