Don't know if it makes any difference but most US fracking is financed by junk bonds. For most of these companies $55 per barrel is the lowest break even price. Permit applications are down. Lay offs are rising and wells are being capped.
Not looking good because I agree with you on the prices.
GLTY bud!
" A rich man is not the one with the most! He is the one that needs the least!"
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