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onemaninnj

11/28/14 2:46 PM

#13307 RE: onemaninnj #13306

Oil down to $65.00 now. Just read a article that most shale oil companies to break even oil needs to be around $85.00 and said if this stays up, most smaller shale plays may go bankrupt. This is going to hurt PDGO for sure and every other shale play company. They said in spring it could go as low as 50-55