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spec machine

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spec machine

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Wednesday, 03/25/2020 8:52:23 AM

Wednesday, March 25, 2020 8:52:23 AM

Post# of 7974
I've been through a few of these boom-bust cycles in the oil industry and at the risk of stating the obvious ...

nobody is going to be drilling exploratory wells for $25bbl oil with a current glut of oil and a demand curve that looks like today's data

https://www.eia.gov/outlooks/steo/report/global_oil.php

spec

- Foglifter -

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