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To: Citizen Zed

Will the oil glut be the knockout blow for American drilling?


3 posted on 01/15/2016 11:57:21 AM PST by stars & stripes forever (Blessed is the nation whose God is the Lord. - Psalm 33:12)
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To: stars & stripes forever

Apparently the new breed of drillers can restart shut down oil wells at much less cost than before. Going idle isn’t as devastating as it used to be, but there will always be booms and busts.


6 posted on 01/15/2016 12:09:37 PM PST by sparklite2 ( "The white man is the Jew of Liberal Fascism." -Jonah Goldberg)
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