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semi_infinite

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semi_infinite

Re: DewDiligence post# 21578

Monday, 03/30/2020 9:48:37 PM

Monday, March 30, 2020 9:48:37 PM

Post# of 29405
There is always a discount between "posted" prices at the wellhead and WTI quotes on CME so the market is working perfectly. This could last a while if lifting costs are still less than posted prices but IMO this should result in production being shut-in for producers that do not have pipeline capacity or bought enough ahead of time.
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