[thackney]

"No drilling, no completion, no fracking, no nothing. Cut it completely off. ... We tell our vendors, 'When you're ready to do it at 40 percent below what you were charging me in December, we'll go back to work.' "

[T-Bird45]

The big boys requiring contract machining services for parts on their service equipment sent a demand letter to their vendors in December to require a 25% cut in prices to get their next Purchase Order. This has been a tsunami through the large number of contract machining job shops here in Tulsa.

[Fightin Whitey]

What is the publication?

[TexasGunLover]

You can't pull it out of the ground unless you're making a profit. I've never understood the drill here drill now viewpoint.

As a strategic minded ultra-conservative, I've always thought it was better to buy my enemy's finite resource for money, and save mine for when they no longer have any.

[SeaHawkFan]

The vendors certainly were raising prices when demand for their products and services were skyrocketing. This is just the flip side conditions that led to high prices for everything related to the oil business.

[daniel1212]

Liberals sure do not like lower oil prices considering how they only seem to talk about the negative aspects.