To: WTFOVR
Yes, but will this tailspin also sink American start-up companies in the Dakotas - the ones doing all the fracking and shale, etc? I was told their break-even threshold is $40 / bbl Yes. I think a lot will go under.
16 posted on
01/12/2016 8:42:48 PM PST by
Cowboy Bob
(With Trump & Cruz, America can't lose!)
To: Cowboy Bob
More like $50. per barrel.
I am another one that is now out of work because of the low price of oil. It was a fun ride while it lasted.
17 posted on
01/12/2016 8:46:00 PM PST by
Texas resident
(The democrat party will destroy our country and they think it won't affect them.)
To: Cowboy Bob
So then the bottom line is who can survive the hurtin’ the longest? The House of Saud - who are rolling in gold bullion ... Or the American venture capitalists - who now, leveraged to the hilt, all have their manhood squarely on the chopping block with worthless fiat debt?
23 posted on
01/12/2016 9:18:00 PM PST by
WTFOVR
(I find myself exclaiming that expression quite often these days!)
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