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S&P 500
5,482.87
(
0.09%
)
US TECH 100
19,264.40
(
0.00%
)
Dow Jones
39,164.06
(
0.09%
)
Brent Oil
85.82
(
0.47%
)
Bitcoin
61,480.33
(
-0.22%
)
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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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