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DewDiligence

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DewDiligence

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Re: OakesCS post# 14019

Wednesday, 03/22/2017 9:58:43 AM

Wednesday, March 22, 2017 9:58:43 AM

Post# of 29596
Shale cost reductions—>10% Technology/90% industry bust:

http://www.siliconinvestor.com/readmsg.aspx?msgid=31039870

“Industry bust” in this context means lower prices charged by service companies during the 3-year downturn (not necessarily right now).

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

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