This is now at a point where even the least cost shale oil producers should be concerned.
Let us follow the trend, to see if prices will rebound as shale oil gets locked out. END
Tuesday, January 13, 2015
Crude oil price trend now in mid $40's -- shale oil lockout?
A snapshot of crude oil price trends for West Texas Intermediate over the past twelve months is revealing:
This is now at a point where even the least cost shale oil producers should be concerned.
Let us follow the trend, to see if prices will rebound as shale oil gets locked out. END
This is now at a point where even the least cost shale oil producers should be concerned.
Let us follow the trend, to see if prices will rebound as shale oil gets locked out. END
