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DewDiligence

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DewDiligence

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Re: OakesCS post# 13072

Wednesday, 01/18/2017 1:36:28 PM

Wednesday, January 18, 2017 1:36:28 PM

Post# of 29260
Shale-drilling ancillary costs increase (good for service companies):

http://www.wsj.com/articles/for-shale-drillers-rising-oil-prices-also-come-with-rising-costs-1484575201

…the cost to hire an experienced drilling crew and source critical oil-field supplies, including the sand used in hydraulic fracturing, has surged between 10% and 20% this winter…

HAL’s “barroom brawl” quote has resurfaced, LOL.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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