60 dollar oil is more a threat to fracking.
I thought I read yesterday it was a lower price point.
At any rate, as another freeper posted a few days back, the only real threat with this low price point is “new” drilling/fracking. The well pads in place and producing can be eased back until the price rises. The pads are in place (as are other drill sites) so that cost is already “spent”. New drilling fracking will just be on hold; its not like the resources under the ground are going anywhere.