Replies to post #3580 on National Energy Services Inc. (fka NESV)

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That is funny, if an airline keeps flying passengers at a cost of $100,000 per flight, but only collects $10,000 in revenue at a loss of $90,000...at what point do they file for Chapter 7?

Right now, some producers are going to choke production. Wells producing 1,000 bpoe/day will choke down to 500 bpoe/day.

Larger producers with oil in the SPR will start swapping oil for accounting purposes. This is not funny.