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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
63,762.18
(
-0.75%
)
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oilfieldmafia

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oilfieldmafia

Re: chriscur post# 8049

Tuesday, 03/15/2016 1:00:56 PM

Tuesday, March 15, 2016 1:00:56 PM

Post# of 13692
You do realize that nearly every major US Oil & Gas stock is down nearly 80% since Dec 2015 right. You do realize that the price of oil per barrel dictates the profit that all US companies are able to generate. And you do realize that 3/4 of them can not make any money with oil less than 50.00 a barrel.

The price of oil tells the tale.
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