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Toofuzzy

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Toofuzzy

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Re: Goku83 post# 1679

Thursday, 03/09/2017 10:43:41 AM

Thursday, March 09, 2017 10:43:41 AM

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Goku

Let's say deep water drilling is profitable at $60 oil price. But drilling will not start in a big way till it over shoots to $70 or higher. So SDRL is dead in the water till prices rise and that won't happen with the cost of drilling shale.

The above prices are just for example, not a projection.

Toofuzzy

Take the road less traveled. It will make all the difference.

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