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To: shepardspie33
"Even if prices rise to $50 a barrel, many shale producers are not able to break-even at such price points."

Then maybe they need to get into another line of work.

8 posted on 01/23/2016 1:08:25 PM PST by Redbob (#BlackCoffeeMatters)
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To: Redbob
re>Even if prices rise to $50 a barrel

I have ownership in 3 wells. Our break even is $ 43.00 a barrel.

12 posted on 01/23/2016 1:11:02 PM PST by IC Ken
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