Posted on 10/14/2015 10:13:30 AM PDT by thackney
Drilling Productivity Report
http://www.eia.gov/petroleum/drilling/pdf/dpr-full.pdf
October 2015
Yet the Saudi’s are pumping at full tilt. Guess this was the plan.
It’s an economic war, and we lost.
‘Its an economic war, and we lost.’
That oil and technology ain’t going anywhere, so how is it that we ‘lost’?
If....If we could sell our oil on the open market production would not be dropping this fast. But alas, Obama and his Muslim brothers will not allow that to happen
Idiot writer makes it sound like the fall in production is discretionary. It is not. The wells are going dry. It is natural cliff like shale production decline and depletion.
Ever hear of a depletion allowance?
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