But when the price goes back up again, the drillers will be back on the market..........up,down,up down,like a roller coaster..............
Of course, as it always has been.
The ultimate cure for high oil prices is caused by high oil prices.
The ultimate cure for low oil prices is caused by low oil prices.
It really is supply and demand, combined with a market with limited elasticity and restricted ability for fast growth of supply.