[ConservativeMind]

That’s a great question. The reason is now gone, now that we have shale oil.

[ichabod1]

So he’s right, they need to be freaking paying for services. One thing Trump says that I thank God somebody’s saying is we aren’t a rich country any more. We’ve been sucked, not dry, but we’re a shade of what we once were.

[catfish1957]

That’s a great question. The reason is now gone, now that we have shale oil.

Don't forget....depending on the field , shale is only profitable in and above the $50 - $80 bbl range.

Sustained low oil prices like now, need contingenices.