[Disestablishmentarian]

You think U.S. exports are going to fall zero because Russia and Saudi Arabia are in a tiff?

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Oil is trading right now at $29 per barrel.

This is a disaster for the whole shale industry if it continues very long.

There will be notable bankruptcies very soon, such as Chesapeake Energy Corp. (CHK), circling the drain.

It's a shame to have the U.S. energy sector wrecked this way, possibly taking the wonderful economy with it as well as giving RATs an opening for 2020.

POTUS needs to get on the phone with his buddies, Putin and Mohammad bin Salman, and tell them to get their $h*t together.

I'm pretty sure the whole Russian economy is toast at these prices, so maybe they'll see it the Saudis' way.

[nickcarraway]

It's a shame to have the U.S. energy sector wrecked this way,

Oil always has been and always will be volatile. There's always going to be a crash at some point. POTUS needs to get on the phone with his buddies, Putin and Mohammad bin Salman, and tell them to get their $h*t together.

Well, shale going down the tubes is a plus for them, but they have their own pain points.

[NorseViking]

“” “” This is a disaster for the whole shale industry if it continues very long.”” “”

Saudi wells are profitable at $10. Colorado is running on empty at $57.

[nickcarraway]

Chesapeake Energy Corp. has serious problems that have nothing to do with oil prices.