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To: thackney
The Arabs, Vens and Mexicans still gotta sell. More US crude will drive the price for all crudes downward (at least it should.)
18 posted on 11/13/2012 8:55:02 AM PST by Eric in the Ozarks (In the game of life, there are no betting limits)
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To: Eric in the Ozarks

If there is a significant drop in crude oil price, you are going to see a significant drop in crude oil drilling of fields like the Bakken, EagleFord, Utica, Woodford, etc.

We won’t get our large increase in oil production with out stable price in the current price neighborhood.

Natural Gas is already relatively cheap.


20 posted on 11/13/2012 9:03:38 AM PST by thackney (life is fragile, handle with prayer)
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